Boxship scrapping to rise ahead of IMO 2020- Drewry
More container ships are expected to be demolished ahead of IMO 2020 implementation date, but progress has been slow thus far, shipping consultancy Drewry said. Last week’s news that the…
U.S. oil exports to Asia to slow as Gulf Coast grades rise
The United States crude shipments to Asia are expected to slow over the coming weeks as the window to profitably send crude to that continent has repeatedly slammed shut over…
Global Ship Orders Fall to Lowest Level in 15 Years
Aerial view of Jurong Shipyard Ship orders world-wide have shrunk to the lowest level in 15 years as vessel owners struggle with excess capacity that has kept freight rates well…
Ethiopian Airlines rejects reports on pilots’ 737 Max 8 simulator training
The pilots of a jet that crashed in Ethiopia, killing all the 157 passengers and crew on board, used a flight simulator to learn how to fly the Boeing 737…
US Senator Introduces Bill to Repeal Jones Act
Senior United States Senator from Utah, Michael Lee, has introduced the Open America’s Water Act of 2019, a bill which would repeal the Jones Act and allow all qualified vessels…
Dry Bulk Shipping Uncertainty Mounts over Chinese Weaker Imports
Calling a market turnaround to perfection is pure luck. But scouting for pillars that would support a higher level of demand makes sense. First up is the next Brazilian soya…
UK Scraps Brexit Ferry Deal with Seaborne Freight
The United Kingdom Department of Transport has terminated the ferry contract awarded to Seaborne Freight last year as part of the UK government’s plan to avoid the likely congestion at…
Qatar’s giant LNG fleet expansion to shape market in coming decade
Qatar’s plan to double its LNG carrier fleet by 60 vessels will be one of the largest fleet expansions the industry will witness to date and will be critical to…
British Ports Association Bemoans Chaotic Withdrawal from EU
Following last night’s crushing defeat of Theresa May’s deal with the EU on the terms of Brexit, the British Ports Association BPA urged the government to avoid disruption to free…
China-linked VLCCs storing Iran crude; loading from Kharg Island
In spite of the US sanctions on Iran, some Iranian crude exports are coming into the international market through non-Iranian companies that are offering their VLCCs for transporting as well…
