LNG

Once again it has been reported that the Japanese imports of LNG have declined, this time to a 17.4% year-on-year decline for July.

Clean

LR2

LR2’s in the MEG, after hitting the floor this week, began to optimistically resurge. TC1 is currently sitting at WS132.22 (+11.11) after WS130 has been reported as fixed several times.

Capesize

As the week unfolded, the Capesize market saw a blend of stability, resistance, and shifts in sentiment across both the Pacific and Atlantic regions. The Pacific market commenced the week with a steady but balanced pace.

Stolt Tankers is pleased to welcome the Bochem Houston to its Stolt Tanker Joint Service, bringing the number of ships in its deep-sea fleet to 84. The Bochem Houston is one of six newbuildings ordered from the CMJL shipyard in China by Belgian shipowner Compagnie Maritime Belge (CMB).

The Baltic Exchange’s main sea freight index .BADI rose to a more than one-month high on Wednesday, helped mostly by steady gains in rates for the panamax and capesize vessel segments.

“I am very happy that we can launch this to the market now. I know it is expected from us, and that in order to keep our fleet size, we need to continue ordering vessels. However, with no clear direction on future fuel, this has not been an easy task. We needed time to assess what was the best option for us,” says Xavier Leroi, EVP & COO Shipping Services.

Euronav NV (“EURN” or “Euronav”) (NYSE: EURN & Euronext: EURN) is pleased to announce an agreement to purchase one VLCC new build including the option for a second VLCC new build to be lifted in the coming 2 months.

Ενημερώθηκε η Λιμενική Αρχή Αλοννήσου ότι το Ε/Γ-Ο/Γ “ΣΟΥΠΕΡ ΣΤΑΡ” Ν.Π.9939 παρουσίασε μηχανική βλάβη συγκεκριμένα διαρροή ύδατος ψύξης, πλησίον του οικείου λιμένα.

Boskalis subsidiary SMIT Salvage successfully transfers all oil from decaying FSO Safer to safe modern tanker

Boskalis announces that subsidiary SMIT Salvage has removed all oil from the FSO Safer, located off the coast of Yemen in the Red Sea.

LNG

Sights have been firmly set on the upcoming switch from ‘Summer’ to ‘Winter’ market with owners and brokers feeling that rates are on the rise.