Japan's March Ship Orders Up 23% From Last Year
Ship export contracts concluded by Japanese shipyards in March totaled 20 vessels, or 781,290 grt, an increase of 23.3 percent from a year earlier, an industry body said.
Singapore VLCC Rates Break Worldscale 100 Barrier
Tanker rates for early liftings from the Middle East to short-haul Asian routes have burst through the Worldscale 100 points barrier, brokers said. An early May…
French Petroleum Industry Says Governments Don't Enforce Shipping Rules
The French petroleum industry union says governments are too lax in applying rules on oil tankers and has called for Europe-wide laws forcing shipping companies…
Tanker Spills Oil During Panama Canal Transit
The Panama Canal Authority (PCA) forced a Greek-registered tanker to abandon a transit of the Panama Canal on April 18 after waterway workers noticed the ship was leaking crude oil.
Japan To Fund Romanian Port Study
Japan's International Cooperation Agency (JICA) will finance a study to rehabilitate and upgrade the Black Sea port of Constanta, Transport Ministry officials said.
