The 22,000 DWT vessels, currently under construction at China’s Wuhu Shipyard Co. Ltd, will benefit from a solution built around the WE Drive variable frequency drive and Yaskawa Environmental Energy / The Switch’s permanent magnet (PM) shaft generators
VesselsValue says there are a number of pressures affecting the market
Poten & Partners looks at what the Economic and Trade Agreement between the Government of the United States and the Government of the People’s Republic of China will do for the tanker industry
The rates for ships hauling 2-million-barrel cargoes of Middle East oil to China climbed more than 15%, according to data from the Baltic Exchange in London
The ship, called Linch, sailed from the port of Lankah and was heading towards the UAE
Dubai Harmony is owned by United Arab Emirates-headquartered owner Dubai Navigation and managed by Hong Kong’s Wallem.
Seatrade ShipTech Middle East set to discuss the impact of changing global regulations on the marine fuel market
There is a high likelihood of more attacks on tankers in Strait of Hormuz says maritime insurance association.
The vessel, one of the world’s largest crude tankers, signaled distress at 6:30am Iran time on Tuesday, about 75 miles off of Yanbu
Iran’s ambassador to Britain, Hamid Baeidinejad, confirmed in a post on Twitter that the oil tanker was headed to international waters.
Gibraltar’s chief minister, Fabian Picardo, said earlier that the tanker was free to leave as soon as it had organised its logistics
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