1. Home
  2. News
  3. News

News

Cargill, BAR Technologies to deliver wind sail solution for commercial ships

glory 28-10-2020 21:20 Area News
Food corporation Cargill and design and engineering consultancy services provider BAR Technologies have embarked on a strategic project with naval architect Deltamarin to bring wind propulsion technology to commercial...
Read more

BIMCO: 500 days since last VLCC was sold to scrapyard

glory 28-10-2020 20:17 Area News
On 2 November 2020, it will be 500 days since the last very large crude carrier (VLCC) left active service when it went on its final journey from Jeddah to Bangladesh for dismantling, according to BIMCO, the world’s largest...
Read more

Novatek completes Arctic LNG 2 fleet formation

glory 28-10-2020 19:42 Area News
Novatek, Russia’s largest independent natural gas producer, has signed long-term charter deals for six Arc7 ice-class LNG tankers. The charter deal was signed with compatriot shipper Sovcomflot and Japan’s Mitsui O.S.K...
Read more

NYK takes delivery of 1st Japan-built LNG-fuelled PCTC

glory 28-10-2020 17:02 Area News
Japanese shipping major Nippon Yusen Kaisha (NYK) has taken delivery of Sakura Leader, the first large LNG-fueled pure car and truck carrier (PCTC) built in Japan. The vessel, featuring a length of 200 metres and a...
Read more

Singapore to add two more LNG bunker suppliers

glory 28-10-2020 15:31 Area News
The Maritime and Port Authority of Singapore (MPA) revealed plans to double the number of liquefied natural gas (LNG) bunker suppliers by February 2021. On 28 October 2020, MPA launched a request for proposal (RFP) for...
Read more

Total charters LNG-fueled Aframax quartet

glory 28-10-2020 14:56 Area News
In its bid to reduce greenhouse gas emissions in maritime transportation, Total has chartered four LNG-fueled Aframax-type vessels. The company said on Wednesday the vessels, each with a capacity of 110,000 tons of...
Read more

US blacklists Iran’s petroleum ministry, oil and tanker companies

glory 28-10-2020 00:14 Area News
On 26 October, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on the National Iranian Tanker Company (NITC), the National Iranian Oil Company (NIOC), and the Iranian Ministry...
Read more

Government promises to invest AU$21 million in Queensland shipping

glory 27-10-2020 20:34 Area News
Australia’s Palaszczuk Government has announced plans to invest AU$21 million ($14.9 million) over two years to revitalise Queensland’s shipping industry. As disclosed by Mark Bailey, Transport and Main Roads Minister,...
Read more

Bahri enjoys profit surge

glory 27-10-2020 18:28 Area News
Saudi Arabia’s Bahri, the world’s largest owner and operator of very large crude carriers (VLCCs), closed the third quarter of this year with a 114% rise in its net profit that was attributed to the improvement in...
Read more

Two giant ship-to-shore cranes arrive at SC Ports

glory 27-10-2020 16:02 Area News
South Carolina Ports Authority (SCPA) received two new ship-to-shore (STS) cranes on 26 October, marking the first cargo-handling equipment to arrive for the Hugh K. Leatherman Terminal, which is under construction in North...
Read more

Our Services

Latest News

28 10, 2020

Offshore Energy 2020 connects international community at live virtual event

Read more
28 10, 2020

Cargill, BAR Technologies to deliver wind sail solution for commercial ships

Read more
28 10, 2020

BIMCO: 500 days since last VLCC was sold to scrapyard

Read more
All news

Currency Rates

Currency Buy Transfer Sell
AUD
AUSTRALIAN DOLLAR 		16,093.87 16,256.43 16,766.01
EUR
EURO 		26,616.00 26,884.85 27,973.45
GBP
POUND STERLING 		29,431.24 29,728.52 30,660.40
HKD
HONGKONG DOLLAR 		2,916.04 2,945.49 3,037.83
JPY
YEN 		214.44 216.61 225.61
RUB
RUSSIAN RUBLE 		- 299.49 333.71
SGD
SINGAPORE DOLLAR 		16,608.59 16,776.35 17,302.23
USD
US DOLLAR 		23,060.00 23,090.00 23,270.00
Rates updated at 29/10/2020 03:00 for reference only