According to a report from Bloomberg, Freeport LNG’s liquefied-natural-gas terminal in Freeport, Texas, is to receive the Grace Cosmos, a tanker capable of carrying 146,794 cubic meters of LNG.
A number of product tankers, with certain characteristics, can carry edible oils (also called veg oils) as well as oil products, meaning that veg oil trade should
The concept of Worldscale is not an easy principle to grasp, particularly for those outside the tanker industry, says Weekly Tanker Market Report by Gibson.
Several years ago, the main market for Suezmax tankers was the West Africa to North America trade. When this market dried up in the period from 2012 to 2014/15,
Meyer Turku shipyard has further enlarged it’s investment package with a new 75 million euro steel storage and pretreatment facility. This is already a third large
Drewry’s Global Freight Rate Index, a weighted average of spot container freight rates across all major routes except intra-Asia, swung back in July by 13% to reach $1,403 per 40ft box.
TUI Group, the world’s number one tourism group, will invest in two new-builds for its Hamburg-based subsidiary Hapag-Lloyd Cruises. The two, new, 5-star expedition