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06/02/2020 Older Ships Are Being Rushed to the Scrapyards Amidst a major crisis like the current one, with most of China under lock-down, the shipping industry has a solid	06/02/2020 Coronavirus and Force Majeure On Thursday 30 January, the China Council for the Promotion of International Trade released a statement confirming that China was
06/02/2020 LNG tanker diverted from China in sign of weaker demand A liquefied natural gas (LNG) tanker that had been heading to China has been diverted, data intelligence firm Kpler and	06/02/2020 Capital Product Partners L.P. Reports Fourth Quarter Net Income of $5.8 Million and Increased Quarterly (8) Distribution Capital Product Partners L.P., an international owner of ocean-going vessels, today released its financial results for the fourth quarter ended
06/02/2020 ClassNK grants AiP to Kawasaki Heavy Industries, Ltd for their LPG Fuel Supply System Leading Classification Society ClassNK granted an Approval in Principle (AiP) based on its Rule Part N which adopts IGC Code	06/02/2020 ABS Grants AIP to Kawasaki Heavy Industries’ Landmark LPG as Fuel System Design ABS has granted Approval in Principle (AIP) to Kawasaki Heavy Industries, Ltd. (KHI) for its LPG as Fuel system design. A
06/02/2020 Three new Finnlines ships to go green with Wärtsilä Hybrid Systems The technology group Wärtsilä will supply its Hybrid Power Conversion system for three new RoRo ferries being built at the	06/02/2020 DP World handles 71 million TEU and reports 1.0% volume growth in 2019 DP World handled 71.2 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 2019, with gross
06/02/2020 Oil flips into contango, indicating months of surplus The oil market looks set for at least four months of depressed demand because of China’s coronavirus outbreak, with a	06/02/2020 Coronavirus and the impact on oil consumption Oil traders are struggling to estimate the severity and duration of the hit to global consumption from the outbreak of
06/02/2020 Coronavirus sends Asian LNG to record low as glut deepens Asian spot LNG prices have tumbled to a fresh record low of around USD 3.50/MMbtu – or EUR 10.80/MWh –	06/02/2020 Adani Ports Standalone December 2019 Net Sales at Rs 1,182.76 crore, down 18.86% Y-o-Y Reported Standalone quarterly numbers for Adani Ports and Special Economic Zone are: Net Sales at Rs 1,182.76 crore in December
06/02/2020 Revenues of Libya’s Ports Decline Due to Unrest Libya’s commercial seaports have been affected by the ongoing conflict in the country and their revenues have largely declined. Like many	06/02/2020 GPA unveils major expansions At the Georgia Foreign Trade Conference Tuesday, Griff Lynch, executive director of the Georgia Ports Authority, announced the acquisition of

Dorian LPG Ltd. Reports Quarterly Rise of Revenues by 55%, on Healthy Rates

China’s demand drops for first time since 2009 as coronavirus hits oil markets