By Andy Hoffman (Bloomberg) — Trafigura Group boosted its shipping fleet by 70% in April last year to profit from the wild price swings in the… Weiterlesen »Trafigura Boosted Tanker Fleet By 70% During 2020’s Historic Oil Contango

The owner of the MV Mozart has made contact with fifteen crew members abducted from the vessel during a violent and deadly pirate attack in… Weiterlesen »Abducted MV Mozart Crew Members Reported Uninjured After Pirate Attack

By Jonathan Saul LONDON, Jan 28 (Reuters) – A plunge in the volume of crude oil stored on ships combined with unexpected cuts from top… Weiterlesen »Oil Tanker Market in Rougher Seas as Supply Surges, Storage Sinks

The U.S. Coast Guard will hold a formal hearing to consider evidence related to the deadly sinking of the fishing vessel Scandies Rose. The 130-foot… Weiterlesen »U.S. Coast Guard to Hold Hearing into Deadly FV Scandies Rose Sinking

by Captain John Konrad (gCaptain) In May 2020 I wrote an article sharing the fact that Transocean ($RIG) was the biggest loser stock of the… Weiterlesen »Shipping Stonks Like RIG Get Lifted In Rising Tide Of Troubled Companies Like Gamestop

SINGAPORE, Jan 28 (Reuters) – Singaporean conglomerate Keppel Corp said on Thursday its struggling offshore and marine (O&M) segment will exit the rig-building business and shift its… Weiterlesen »Keppel to Exit Rig Building

Press Release – The technology group Wärtsilä will supply the dual-fuel engines for six new 172,500 cbm LNG carrier vessels being built to serve the… Weiterlesen »Wärtsilä wins major order to provide 36 dual-fuel engines for six new LNG carrier vessels

Press Release – Since the first 12X92DF engine was built in 2019, WinGD has been confident in calling it the world’s most powerful dual-fuel engine.… Weiterlesen »WinGD’s biggest X-DF dual-fuel engine awarded GUINNESS WORLD RECORDS® power title

Press Release – Wallem has signed an agreement with the Ocean Technologies Group to implement its recently launched OCEAN Learning Platform. The OCEAN Learning Platform is… Weiterlesen »Wallem implements Ocean Technologies Learning Platform

Press Release – Today, Alfa Laval and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping announced that they have formalized a strategic collaboration on the… Weiterlesen »Alfa Laval joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping as Strategic Corporate Partner