The Maritime and Port Authority of Singapore (MPA) has warned of reduced visibility in the Singapore Strait and port waters since Monday due to haze.
Global bunker fuel prices have continued to nosedive as they closed in on the $200-per metric tonne (pmt) mark, falling in line with crude oil prices dipping below $40 per barrel and nearing 10-year low.
GAC is to handle the first of many FSRUs to offload LNG cargoes at the port of Aqaba, in Jordan, as the country steps up its LNG imports.
Bunker fuel prices have been retreating over the course of this year, but the downward trend has been more apparent over the past month in line with softer crude oil prices.
In the wake of the OW Bunkers bankruptcy, there has been a growing number of cases where physical suppliers have commenced debt recovery actions against shipowners for fuel supplies that had been negotiated by or through OW Bunkers entities.
China has slammed a fine that totalled RMB4.25m ($684,500) on 21 shipping companies for violating market regulations on the Sino-Japan shipping trade route.
Ship operators have known for centuries when embarking on a voyage that extensive preparations must be made for a successful voyage, and from the beginning, a clean source of potable water has always been a critical priority.
The Panama Canal took another important step towards the completion of its expansion Thurday beginning with water tests and filling of the lower chamber of the new locks of Agua Clara, at the Atlantic entrance of the waterway, leading to operational testing and quality control of the gates system of the third set of locks for the expanded canal.