Awilco Refinances LNG Fleet
Norwegian liquefied natural gas (LNG) transportation company Awilco agreed and signed a term sheet for the financing of its two liquefied natural gas carriers withā¦
Pacific Basin Hopeful on Dry Bulkers
The dry bulk freight market is expected to benefit in the second half of 2019 and early 2020 from many larger ships being taken out of service for several weeks for scrubber installationā¦
Port Houston Box Volume Up 12%
Container volume at Port Houston surged in the first half of 2019, rising 12 percent compared to that period last year. According to the Executive Director Rogerā¦
EU Okays Investment in Romanian Port
The European Commission has approved, under EU State aid rules, Romania's plans to grant EUR27.4 million investment aid to the Port of GalaČi, the largest sea-river port in the country.In April 2019ā¦
Hazira Terminal Grows 22% in Q1 of 2019-20
Essar Bulk Terminal Ltd (EBTL), that operates the 50 million tonne per annum (MTPA) bulk terminal in Hazira, Gujarat, India said a 22 per cent growth in its thirdā¦
Baltic Exchange, GeoSpock to Track Emissions
Cambridge-based data visualization company GeoSpock is collaborating with the Baltic Exchange to build the worldās most advanced maritime spatial database."Thisā¦
Shippers Urge Action on Hormuz Issue
Following the seizure of the oil tanker āStena Imperoā on 19 July, the International Chamber of Shipping (ICS), the European Community Shipowners' Associations (ECSA) and the Asian Shipowners' Association (ASA) jointly urge immediate action by the international community to stop the escalation of tensions and fully respect international law. All countries should ensure the safe passage of merchant vesselsā¦
