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Dorian LPG says congestion is rising in the Panama Canal as transit slots and auction fees increase, with Argus Media data showing fees more than quadrupling since April. But rising VLGC transits through the waterway have not impacted freight rates, which continue to edge upwards after crashing in January
The project brings together major Japanese maritime companies such as ClassNK and Imabari Shipbuilding to share data more easily
Marshall Islands-flagged Dubai Angel is carrying the first cargo from the recently expanded Trans Mountain pipeline in Vancouver, vessel-tracking data suggests. The new pipeline is expected to add 25 to 30 aframax loadings per month when fully operational
Chief executive Harris Antoniou says ship leasing has already become a mainstream form of finance and can only continue growing
China is developing enough renewable energy to replace its coal-fired electricity stations. Imports of steam coal are forecast to fall