May 8, 2023
Lomar Shipping Buys Three Bulk Carriers

Lomar Shipping Buys Three Bulk Carriers

U.K.-based shipowner Lomar Shipping announced it has acquired three Supramax bulk carriers as part of its ongoing bulker fleet expansion program.The company, a subsidiary of New York-based Libra Group, said it has taken delivery of the 57,038-dwt Oslo Trader (ex Ariadne…
May 8, 2023
US Consumer Goods Import Forecast Lowered for First Half of 2023

US Consumer Goods Import Forecast Lowered for First Half of 2023

Closely watched U.S. retail trade forecasters on Monday lowered their import target for the first half of 2023 and said they expect incoming ocean container volume to remain soft going into this autumn - when retailers like Walmart (WMT.N) should…
May 8, 2023
Ukraine Says Russia Has Effectively Stopped Black Sea Grain Deal

Ukraine Says Russia Has Effectively Stopped Black Sea Grain Deal

Russia has effectively stopped the Black sea grain deal by refusing to register incoming vessels, Ukraine's reconstruction ministry said on Monday.Ukrainian Black Sea ports were blockaded after Russia's invasion last year, but access to three…
May 8, 2023
LNG Dual-fuel VLCC Design Gets AIP from Bureau Veritas

LNG Dual-fuel VLCC Design Gets AIP from Bureau Veritas

French engineering firm GTT said it has obtained an approval in principle (AIP) from Bureau Veritas (BV) for the design of a liquefied natural gas (LNG) dual-fuel very large crude carrier (VLCC). This approval is part of a joint development project (JDP)…
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