News 2020 March 16

Polarcus announces cancellation of project in Asia Pacific

Prosafe sells Safe Bristolia for recycling

Fred. Olsen Cruise Lines voluntarily pauses departures until 23rd May 2020

Frontline announces closing of the acquisition of 10 Suezmax tankers from Trafigura

RF Navy’s ORV Admiral Vladimirsky arrived in Bellingshausen Sea for oceanographic research

ClassNK grants AiP on LPG reformed gas fueled coastal LPG carrier

Detachment of ships of RF Navy’s Baltic Fleet completed long-distance campaign

Average wholesale prices for М-100 HFO grew to RUB 11,653 in RF spot market

DFDS reveals NEW Relax Lounge as part of a £3.9m refit investment

Throughput of port Shanghai (China) in 2M’20 fell by 18% to 68 million tonnes

Hapag-Lloyd to increase the barge rates between Antwerp and Rotterdam

CMA CGM cancels Port Congestion Surcharge for the reefer exports to Shanghai and Ningbo

Port of Tallinn comments regarding impact of Estonian Government decisions on marine traffic

Container throughput of Hong Kong port (China) fell by 11% to 2.54 million TEUs in 2M’2020

Fincantieri suspends production activities for two weeks

Port of Oakland export volume up 15.4 percent in February 2019

Passenger navigation on Moskva river opens on April 24

Forth Ports places order for next generation Damen ASD Tug 2312

BC Ferries’ Skeena Queen returns to service

Riia Sillave to take over management of HHLA TK Estonia

Tallink continues to operate vessels between Estonia and Finland

Bunker sales at the port of Singapore in 2M’2020 grew by 5.1% Y-o-Y to 8.39 million tonnes

MABUX Digest: Top events on global bunker market. Week 11

Port of Singapore throughput in 2M’2020 declined by 2% to 98.5 million tonnes

Brent Crude futures price is down 3.16% to $32.76, Light Sweet Crude – down 1.93% to $31.5

MABUX: Bunker market this morning, Mar 16

Baltic Dry Index is down to 631 points