Maritime

Companies

Hafnia welcomes first of newbuilds to be chartered to oil majors

portnews - December 27, 2022

In the beginning of the new year, Hafnia welcomes the first of four LNG-powered vessels. All four ships are to be time chartered to...

Maritime

Retailers Pull Back From Using Chartered Cargo Ships

portnews - December 27, 2022

Retailers are moving away from using chartered ships to get around pandemic-triggered disruptions now that congestion at ports has cleared and pressures in supply...

Maritime

Thailand Maritime News, November-October Summary

portnews - December 25, 2022

November Prima Marine Public Company PRM Prima Marine Public Company Limited (“PRM”), a service provider for transporting and storing petroleum products. Thailand's largest marine liquid petrochemicals...

Maritime

Charterers, shipowners expect tight petrochemical vessel market in H1

portnews - December 23, 2022

The global liquid petrochemical freight market is facing price hikes in 2023 as charterers continue challenging negotiations with shipowners over the cost of affreightment...

Maritime

Carriers are facing the ‘quiet before the storm’ for contract rates

portnews - December 23, 2022

A year ago, shippers were desperate to agree annual contract deals with ocean carriers to secure their supply chains, and were prepared to do,...

Companies

Yinson agrees short-term extension for Nigeria FPSO

portnews - December 22, 2022

Malaysian floater operator Yinson has secured a short-term charter extension deal for its floating production storage and offloading (FPSO) vessels in Nigeria. The 1985-built Adoon...

Companies

COSCO Shipping Energy signed MOU on liquid CO2 transportation with Petro China International (Singapore)

portnews - December 22, 2022

On December 21, COSCO Shipping Energy Transportation signed a Memorandum Of Understanding(MOU) on the research and development of liquid carbon dioxide transportation with and...

Companies

MOL and GAIL to Strengthen Partnership- Sign Time Charter Contract for Newbuilding LNG Carrier and Joint Ownership of Existing LNG Carrier

portnews - December 22, 2022

On December 20th, Mitsui O.S.K. Lines, Ltd.(MOL) and GAIL (India) Limited (GAIL;Headquarters: New Delhi), a central public sector undertaking under the Ministry of Petroleum...

Companies

Vestas Taiwan to charter Marco Polo Marine’s new CSOV

portnews - December 21, 2022

Marco Polo Marine’s Taiwan-based subsidiary PKR Offshore has signed an agreement with Vestas Taiwan for the maiden deployment of its new commissioning service operation...

Companies