Nippon Yusen Kabushiki Kaisha (“NYK”), its group company Knutsen NYK Carbon Carriers AS (“KNCC”), and JFE Shoji Corporation (“JFE Shoji”) have recently completed a feasibility study confirming production facilities, production capacity, and the costs for steel...
A.P. Moller – Maersk (Maersk) has signed agreements with three yards for a total of 20 container vessels equipped with dual-fuel engines. Combined, the vessels have a capacity of 300,000 TEU. With these orders, Maersk concludes the intended owned newbuilding orders...
Saverex NV (“Saverex”) announces today that it intends to launch a voluntary and conditional public takeover bid for all shares of Exmar NV (“Exmar”) not already owned by it or persons affiliated with it (the “Bid”). The Bid would be made in cash at a price of EUR...
Asia’s fuel oil benchmarks continued to soften on Tuesday amid high supply inflows in the month, with some cargo arrivals for November spilling into December, based on ship-tracking data. The cash premium for very low sulphur fuel oil (VLSFO) remained capped under $3...
U.S. LNG exports to Europe surged in November as the world’s largest producer of the superchilled gas sent more cargoes to the continent and fewer to Asia and Latin America, according to preliminary data from financial firm LSEG. European natural gas prices climbed in...
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for the fifth consecutive session to a 15-month low on Tuesday, as rates declined across larger vessel segments. The index, which factors in rates for...