The captain of a Malaysian-flagged LPG carrier that was thought to have gone missing on 10 June has clarified how the erroneous report arose. Silverline Maritime-owned Teknogas had accidentally issued ...
False alarm triggers erroneous missing report for tanker
Mercator Lines fixes Kamsarmax bulker to Clearlake
The Singapore unit of Indian bulker owner Mercator Lines said on 15 June that it has fixed one of its Kamsarmax bulkers to Gunvor subsidiary Clearlake Shipping. The 82,459 dwt 2007-built Sri Prem ...
LPG rates could face downward pressure in 2016
Rates to haul LPG on very large gas carriers (VLGCs) may be heading north, but the situation could change from 2016, a shipbroker cautioned. Speaking at IHS Asia LPG Seminar in Singapore on 16 June, ...
PNG LNG marks 100th shipment
PNG LNG, a joint venture (JV) of four oil and gas majors, has marked its 100th shipment with LNG tanker Methane Spirit en route through the Singapore Strait 16 June for Tokyo Electric Power Company ...
Beijing puts COSCO and CSIC on anti-corruption list
COSCO and China Shipbuilding Industry Corporation (CSIC) have been found to be guilty of corrupt practices following inspections by China’s Central Commission for Discipline Inspection (CCDI), on 26 ...
Thailand expands port development
Thailand's prime minister, General Prayut Chan-o-cha, detailed some of the port buildings and initiatives the Thai government is undertaking, in his weekly TV broadcast. These are all to support ...
Top Ten Maritime News Stories 16/06/2015
Posted on: Tuesday, June 16th, 2015 By: Szymanski Seacurus Daily: Top Ten Maritime News Stories 16/06/2015 1. ICS Annual General Meeting The International Chamber of Shipping (ICS) held its Annual ...
Shipowners cave in to falling scrap prices
With no signs of recovery in dry bulk freight rates, ship owners have caved in and sold vessels for recycling despite scrap prices going south. Scrap prices are falling in tandem with freight rates as ...
VLGC rates cross $110/tonne mark
Rates to haul LPG on very large gas carriers (VLGCs) have exceeded USD110/tonne as charterers have been fixing ships in both the east and west of Suez. As of 15 June, the Baltic Exchange assessed the ...
No Change in Ferry Death Rates
By Wendy Laursen 2015-06-15 22:28:33 Over the past two decades ferry incidents in the E.U. have continued to occur at roughly the same rate, but the number of ferry fatalities has markedly ...