Petrochemical Producers Supply Chain Survey

Petrochemical Update recently reached out to their extensive network of petrochemical supply chain & logistics purchasing managers to an insight into budgets

Team Tankers Bounces Back to Profit in Q2

Chemical tanker

After posting financial losses, Team Tankers returned to profitability in Q2 2018.

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Genco Receives 2 Capesize Bulkers, Signs New Credit Facility

Bulker

Genco Shipping & Trading Limited takes delivery of two Capezise vessels and inks a five-year credit facility. 

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Intertanko: Fuel Contamination Could Become an Epidemic

Bunkering

Intertanko criticizes inaction of maritime authorities regarding problems caused by contaminated fuels.

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Readers' Picks of the Week

Here are the most popular stories of the past week.

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SEALNG Expands Presence in America with ÉNESTAS

LNG

Mexico-based LNG company ÉNESTAS joins SEA\LNG.

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Genco’s CEO Says There Are More Purchase Opportunities

Dry Bulk

Genco's CEO: There are still opportunities for purchases on the market.

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Norwegian Cruise Line's Earnings Outpace Estimates

Norwegian Bliss

NCL's earnings surpassed estimates due to a strong demand for cruises and the delivery of Norwegian Bliss.

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NRF: US Imports Set Records ahead of New Tariffs

Containers

US imports have set a number of records ahead of new tariffs on products from China.

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US Releases Another List of Chinese Imports to Face Tariffs

Tanker

The US unveils the second list considering Chinese imports valued at USD 16 billion.

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Trafigura Wants to Build VLCC Terminal in Texas Gulf

Trafigura's Texas Gulf Terminals looking to build a new offshore deep water terminal in the Gulf of Texas.

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4 Reasons to Be Upbeat on Tanker Market Outlook

Tanker

DHT Holdings expects the times to turn for the better due to four key reasons.

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Eagle Bulk Delivers Profit as Drybulk Market Improves

Money

Improvement in the drybulk market pushed Eagle Bulk Shipping to profit in the quarter ended June 30.

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ABS, Arcadia Shipmangement Reach Deal Related to 15 Tankers

Tanker

Arcadia Shipmanagement and ABS have reached a deal related to a 15-tanker strong fleet.

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MSC Cruises Agrees USD 1.7 Bn Loan for New Seaside EVO Ships

MSC Meraviglia

MSC Cruises secured an EUR 1.5 billion financing for two new Seaside EVO class cruise ships.

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Colombia: Over a Ton of Cocaine Found on Containership

Containership

More than 1 ton of cocaine hydrochloride was seized on board a boxship in the waters near Barranquilla.

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Report: Unipec Halts Crude Oil Imports from U.S.

Tanker

Unipec has reportedly suspended imports of crude oil from the U.S. amid brewing trade war between the U.S. and China.

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China to Hit Back with 25 Pct Tariffs on LNG Imports from US

lng carrier

China plans to fight back new U.S. tariffs with USD 60 billion worth countermeasures, impacting LNG imports from U.S.

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USCG Medevacs Unconscious Crewman from Bulk Carrier

Helicopter

The USCG medevacs an unconscious crew member of a bulker anchored in Cape Charles.

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RCL "Tickled Pink" with Record Quarter Results

Mariner of the Seas

Royal Caribbean Cruises delivered a net income of USD 466.3 million, marking another record quarter.

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FSL Trust Pens Pool Deal with Heidmar for LR2 Pair

handshake

FSL Trust Management enters a pool agreement for two LR2 vessels with Heidmar.

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New Sale, Leaseback Deal to Boost Teekay Tankers' Liquidity

Money

Teekay Tankers is to increase its liquidity by USD 110 million after the repayment of outstanding debt on 13 ships.

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Crowley's New ConRo Ships First Cargo to San Juan

ConRo vessel El Coquí

Crowley's new ConRo ship El Coquí has delivered its first cargo from Jacksonville to San Juan.

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Silversea Cruises Joins the RCL Family

Mariner of the Seas

The ultra-luxury cruising company, Silversea Cruises, has officially joined the family of Royal Caribbean Cruises.

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Carnival to Invest USD 200 Mn in Carnival Triumph Makeover

Carnival Triumph

Carnival Cruise Line is to invest nearly USD 200 million in Carnival Triumph's bow-to-stern makeover.

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Watch 4,000th Neopanamax Transit through Panama Canal

Panama Canal

LNG tanker Maria Energy claims the title of the 4,000th Neopanamax to transit Panama Canal's expanded locks.

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Container Shipping – Survival of the Fittest

Monte Azul, Maersk Lamanai

Only container shipping companies with the biggest fleets and most efficient vessels to turn a profit this year.

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COSCO Shipping Lines Back to Normal after Cyber Attack

cyber

COSCO Shipping Lines says its network applications in the Americas have been totally recovered after cyber attack.

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