Dry Cargo
Zhejiang Xinyihai Shipping orders supramax at Jiangsu Haitong
September 20th, 20190 Zhejiang Xinyihai Shipping has placed an order at Jiangsu Haitong Offshore Engineering for the construction of a 51,000 dwt supramax bulk carrier. The ship will be...
China closes in on record 1bn ton annual steel output
September 20th, 20190 China is on track to defy expectations and produce a record steel output this year of just shy of 1bn tons, according to the latest report from Alphabulk, part of AXS Marine....
Glencore joins group determined to digitise agrishipping
September 20th, 20190 Glencore has joined an initiative led by the world’s leading agri-shippers to to digitise shipping transactions. Launched last October, the group now consists of Archer...
POSH warns on troubled joint venture with Ezion
September 20th, 20190 Robert Kuok’s Singapore-listed PACC Offshore Services Holdings (POSH) could be hit with an impairment charge of up to $42m, following the default of its 50%-owned joint...
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Maersk Drilling jackup extended by Equinor
Maersk Drilling has announced that Equinor has exercised two two-month... September 20th, 2019Where sustainable biofuels fit in shipping’s bunker mix
Elizabeth Petit, Nicole Rencoret and Thordis Thordardottir from the... September 20th, 2019Weekly Bunker: MGO differential narrows
What a crazy week. November Brent hit highs of $69 before... September 20th, 2019Dynagas LNG Partners secures $675m refinancing
George Procopiou-led Dynagas LNG Partners has secured a syndicated loan of... September 20th, 2019Synergy Group sets up shop in Copenhagen
Singapore-headquartered ship management firm Synergy Group has opened a... September 20th, 2019TMS Cardiff Gas seals Total newbuild charter
TMS Cardiff Gas has sealed a seven-year time charter contract for one of... September 20th, 2019Talos Energy forms exploration partnerships with BP and ExxonMobil
Houston-based Talos Energy has entered into two separate agreements with... September 20th, 2019Global Ship Lease secures $268m facility for debt refinancing
UK-based containership charter owner Global Ship Lease (GSL) has agreed a... September 20th, 2019SeaBird Exploration awarded African survey
SeaBird Exploration has been awarded a contract to acquire a 2D seismic... September 19th, 2019NYK clinches 25-year coal shipping contract
Japanese shipping major NYK has secured a 25-year contract with Van Phong... September 19th, 2019Shipping associations demand all IMO member states remain resolute as sulphur cap approaches
Amid reports of a number of Asian countries mulling delaying the... September 19th, 2019American Ethane Company closes in on bumper Chinese ethane carrier order
Ethane shipping has dominated headlines at this week’s Gastech in... September 19th, 2019NYK becomes first Japanese shipping line to complete a carbon-neutral voyage
NYK has become the first Japanese shipping company to complete a... September 19th, 2019Cosco Shipping Ports sells a series of river port assets to SIPG
Cosco Shipping Ports, the port operating arm of Cosco, has entered into... September 19th, 2019Weekly Broker: Cape bargains on offer
The dry bulk sale and purchase market has picked up again despite the... September 19th, 2019Frontline passes on options for Trafigura suezmaxes
John Fredriksen’s Frontline says that it has elected not to exercise an... September 19th, 2019