First in series of LNG-ready tankers launches in US

The first of four 50,000 dwt item service providers created for possible future usage of LNG fuel has actually been delivered by Philly Shipyard to American Product Tankers (APT).

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Asia Dry Bulk-Capesize rates to remain depressed as cyclone Debbie dampens freight markets

Freight rates for big capesize dry freight vessels on essential Eastern paths, which dropped to multi-week lows today, are most likely to stay depressed in the absence of Australian coal cargoes and also iron ore as well as coal from South Africa, brokers claimed. Coal shipments from ports

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