Global bunker fuel cost could rise by up to US$60 billion annually from 2020, when the IMO 0.5 wt% sulphur cap regulation for bunker fuels kicks in.
Archives for March 2017
Eagle Bulk Shipping today announced that it has reached a definitive agreement to purchase a minimum of 6 and up to 9 Crown-63 Ultramax dry bulk sister vessels.
‘Spartacus’ will be built at Royal IHC in the Netherlands and will be delivered in the summer of 2019.
By analyzing 1.6 million findings from management system audits around the world, Lumina identifies weaknesses and improvement areas for companies, and benchmarks industries as a whole.
“Kronprins Haakon”, the oceanographic icebreaker which Fincantieri is building for the Norwegian government, has been launched at the shipyard in Muggiano.
On Tuesday, 28th February, JSC “Latvian Shipping Company” successfully completed its loan refinancing procedure, receiving a loan of USD 121 million.
Authorities are monitoring salvage of the general cargo ship Isla Bartolome that ran aground and partially sank off Isla Puna Island in Ecuador.
The Al Khattiya LNG tanker, operated by Royal Dutch Shell, suffered damages to its hull after colliding with an oil tanker off Fujairah in the UAE.
APM Terminals Lazaro Cardenas, Mexico’s largest semi-automated terminal, welcomes its first vessel, the Maersk Salalah.