The Maritime and Port Authority of Singapore is preparing the Port of Singapore and Singapore-registered ships for the IMO 0.5% fuel global limit for sulfur in fuel oil used onboard ships, effective from 1 January 2020.
A weaker 4Q18 for smaller dry bulk tonnage should be followed by a stronger 1Q19 and 2Q19 as seasonality returns amid trade disruption.
Diana Shipping Inc. has announced its new time charter contract with BG Shipping for the m/v Alcmene.
A report from the global shipping consultancy concludes that average vessel operating costs rose modestly for the second year in succession following two years of marked declines.
Cosco Shipping Specialized Carriers has ordered nine pulp carriers from Cosco Shipping Heavy Industy.