Singapore mega merger could be completed by year’s end
The proposed merger of Singapore’s Sembcorp Marine and Keppel O&M is being put on a faster track. The original plan, which would have seen the creation of a combined entity, has been
Markets
Liner operators ask EU to extend vessel sharing exemption
The World Shipping Council (WSC), the International Chamber of Shipping (ICS), and the Asian Shipowners’ Association (ASA) have made a submission to the European Commission seeking an extension of the Consortia Block
Ukraine grain exports grow, but Putin isn’t happy with where they’re going
In the 40 days since July 22, when Russia and Ukraine signed a UN sponsored 120-day deal brokered by Turkey, 2.1 million tonnes of grain have been exported through the Ukrainian ports
Algoma Central in four product tanker JV with Furetank
St. Catharines, Ontario, headquartered Algoma Central Corporation (TSX: ALC) and Donsö, Sweden, based Furetank have entered into a joint venture (JV) agreement to construct four dual-fuel ice class 1A 17,999 DWT climate
BIMCO: Changes ahead for coal export patterns?
On August 9, the Indonesian Energy and Mineral Resources Minister announced that 71 coal mining companies failed to meet their domestic market obligations, and that 48 of them are now banned from
Diana Shipping swoops on Sea Trade Holdings fleet
Athens-headquartered Diana Shipping Inc. (NYSE: DSX) has agreed to buy what looks to be the entire fleet of Stamford, Conn., based Sea Trade Holdings, Inc. Announcing the deal, Diana said it has
VIDEO: Ukraine grain export ship passes inspection, heads for Lebanon
Ukraine grain export cargoes might soon start flowing more rapidly. In a hopeful sign the Turkish Ministry of National Defense reports that the first ship to depart Ukraine with an export cargo
World waits for Ukrainian grain exports to start moving
As the President of Ukraine, Volodymyr Zelensky, observed the loading of Ukrainian grain onto a bulk carrier at the Chornomorsk Sea Trade Port hopes were high that exports could soon start moving.
Grain export agreement could see 65% of Ukraine’s seaborne capacity reopen
There are at least a few hopeful signs that seaborne exports of Ukrainian grain could resume within days. Under a deal brokered by Turkey on July 22, bulkers will be escorted to
Can U.S. LNG exports meet European demand?
The Council of the EU said today that, in an effort to increase EU security of energy supply, member states have reached a political agreement on a voluntary reduction of natural gas