DP World Joins Chinese Firm for First Traders Market
The Dubai-based ports operator DP World announced a partnership with Zhejiang China Commodity City Group Company (CCC) to develop the ‘Traders Market’ in Jebel Ali…
ESL Shipping Buys Alppilan from SEB Leasing
Finland-based shipping company ESL Shipping, part of the ASPO Group, has acquired bulk carrier Alppila from SEB Leasing.The acquisition was made in accordance with…
Novatek Wins Arctic Gas Field
Novatek said that its wholly-owned subsidiary Arctic LNG 1 has won an auction for a geological survey, exploration and production license for the subsoil area including…
22 Bulkers Added to Fleet in Q2: Belships
The dry bulk market for Supramax/Ultramax bulk carriers improved from the first to the second quarter 2019, said Norway-based Belships.Measured by the BSI-58 index…
LA Fleet Week Kicks Off
The City of Los Angeles welcomed more than 1,200 Sailors and Marines to the Los Angeles and San Pedro area for a week-long tribute to the sea services during the fourth annual Los Angeles Fleet Week Aug. 27-Sept. 2.Los Angeles Fleet Week offers the public an opportunity to tour Naval ships, engage with service members, and enjoy a variety of displays and events throughout the week. It also gives the…
Chemical Tanker Market to Recover
The recovery of the chemical tanker market continued into the second quarter as main drivers were strong US exports and healthy volume development throughout the quarter on main trades…
100% Uptime for FLNG Hilli Episeyo
Bermuda-registered liquefied natural gas (LNG) shipping company Golar LNG said that its floating LNG (FLNG) Hilli Episeyo continues to achieve 100% commercial uptime.