gCaptain sources have told us that Matson (NYSE:MATX), the Hawaii-headquartered container shipping firm will be signing a very significant order for LNG-powered containerships at a U.S. shipyard in the coming weeks.
There are a few yards under consideration and it seems BAE Systems, NASSCO and Aker Philadelphia are the front runners for the bid. Rumors that VT Halter is in the running are apparently nothing more than rumors.
Our sources indicate the order will likely be for two ships, plus options for three additional ~4,000 TEU containerships.
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The prospect of a deal over Iran’s nuclear program saw oil fall sharply on Thursday. The reality is that Tehran has relatively little extra crude that it can bring back — but it could arrive in a market that’s gearing up for surplus.
Estonia said on Thursday that Moscow had briefly sent a fighter jet into NATO airspace over the Baltic Sea during an attempt to stop a Russian-bound oil tanker thought to be part of a "shadow fleet" defying Western sanctions on Moscow.
China’s widening trade surplus with the European Union is fueling fresh concerns that the 27-nation bloc risks becoming a dumping ground for cheap goods in the volatile tariff confrontation between Washington and Beijing.
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