Bomin bunkering tanker Keila
21 Sep 2018
Just minutes after informing customers and bunker traders, Bomin issued a brief statement saying it is shutting its operations in Singapore and Antwerp.
US Gulf rig and tanker
17 Sep 2018
The new derivatives contracts, which will be listed and cleared through ICE Futures Europe, are based on the freight costs of VLCC shipments from USGC to China and of Aframax shipments from USGC to Europe (United Kingdom or the continent).
The Turkish lira shed 40% its value versus the US dollar this year
13 Sep 2018
With emerging-market currency casualties scattered across the globe, fears of a contagion and broader economic crisis are escalating. Fairplay examines the implications for shipping.
Flag of malta
12 Sep 2018
The EU Commission’s recent approval of the Maltese Tonnage Tax System has created a feeling of certainty and stability to owners intending to use the flag, but has also served as a discussion starting point on why the shipping industry is afforded special tax treatment on the income it generates and why it is treated differently from most other industries.
Antwerp's port
12 Sep 2018
The multi-million euro project is to be carried out with Belgian operator SEA-Tank Terminal Antwerp, part of the SEA-Invest port terminals group.
Rosneft company logo in Cyrillic script
12 Sep 2018
The companies will join forces to build shuttle tankers ranging from 42,000–120,000 dwt.
Sovcomflot tanker
11 Sep 2018
The tanker group said on 11 September that the 114,000 dwt vessels will be financed by VEB-Leasing, a unit of VEB, the state-owned development bank. Vessel prices were not disclosed.
Artist’s impression of the German LNG terminal
11 Sep 2018
The German company signed the agreement with German LNG Terminal GmbH, the joint venture developing the terminal in Brunsbüttel in Northern Germany.
CMA CGM CEO Rodolphe Saadé
10 Sep 2018
The group said it was helped by a substantial rise in US dollar-to-euro value.
Bourbon CEO Jacques de Chateauvieux
06 Sep 2018
Bourbon said it is not looking for equity investors at the moment.
Songa remains listed on the Oslo stock exchange
06 Sep 2018
Rønningen succeeds Herman Billung, who has joined the management team of Star Bulk following the completion of the agreement with the two companies in the summer.