Chinese Warships Enter East Indian Ocean
Eleven Chinese warships sailed into the East Indian Ocean this month, a Chinese news portal said, amid a constitutional crisis in the tiny tropical island chain…
835 Ships Sold to Scrap Yards in 2017
More than 800 large oceangoing commercial vessels were sold to the scrap yards in 2017, according to the latest data from the NGO Shipbreaking Platform. Of the 835 ships sold to scrap yards, 543 vessels – or 80.3 percent of total tonnage dismantled globally – were broken down on the beaches of Bangladesh, India and Pakistan. However, the number of vessels and total GT scrapped in the tree nations decreased compared to 2016.
Golden Ocean Boosts Dividend as Q4 Financials Beat Street
Dry bulk shipper Golden Ocean proposed a bigger than expected dividend for the fourth quarter on the back of forecast-beating results on Tuesday, and reiterated the market was getting better.
China, not Trump, Drives U.S. Coal Revival
If China does seek a way to retaliate against U.S. proposals to impose import curbs on steel and aluminium, then targeting President Donald Trump's favoured coal would be tempting.
Argentina Seeks 22 LNG Cargoes
Argentina's state-run Enarsa launches tender to buy 22 liquefied natural gas (LNG) cargoes for delivery from May to August for delivery to its two import terminals, trade sources said. Enarsa seeks nine full-size cargoes for its Bahia Blanca terminal and 13 half-size deliveries to its river terminal at Escobar. Bids must be submitted on or before March 6 and pricing must be based on either U.S. Henry Hub or Brent crude oil.
- 1
- 2
