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Maritime

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Gunvor terminates Exmar FSRU charter

portnews -
Commodity trading giant Gunvor has terminated the charter for Exmar’s 2017-built floating regasification barge (FSRU) which is the subject of ongoing arbitration proceedings. As a...
Maritime

BIMCO publishes LNG fuel clauses for time charterparties

portnews -
As the number of LNG-fuelled ships is growing, BIMCO has drafted LNG clauses for time charterparties covering matters related to LNG fuel quality, fuel...
Companies

Carriers to undergo monitoring by FMC as profits keep surging

portnews -
As global shipping lines made an astounding operating profit of over $110 billion in 2021, the changes introduced by FMC are the result of...
China

Global shipping firms get boost in China

portnews -
China has freed up the coastal piggyback system for shipping of foreign trade containers between ports within China, enabling foreign logistics giants such as...
Maritime

Florida sugar barge makes maiden voyage to New York

portnews -
American Sugar Refining, a member of West Palm Beach-based ASR Group, and its parent companies – Florida Crystals Corp. and the Sugar Cane Growers...
Companies

Maersk, CMA CGM vie for Indian transshipment connectivity

portnews -
TRANSSHIPMENT connectivity realignments are becoming a newfound priority for container lines active on Indian trades, ostensibly given the challenges plaguing connections at the port...
Container

Vietnam’s container shipping woes

portnews -
  As of March 2022, Vietnam’s container fleet has 10 container shipping companies that own 48 container ships with a total capacity of 39,519 TEUs,...
Maritime

Greek Shipowners Kill EU’s Russian Oil Tanker Ban

portnews -
The European Union is set to soften its sanctions package on Russian oil exports after a weekend of wrangling, though it aims to keep...
Maritime

Carriers ramp up blank sailings as China lockdowns persist

portnews -
  Ocean carrier alliances are preparing to blank more than a third of their sailings from Asia over the coming weeks in response to a...
Companies

SailGP charters fleet of RS Electric Boats

portnews -
  SailGP says it is chartering a fleet of Pulse 63 electric boats for its Season 3, as part of its commitment to accelerate the...
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