Indian scrapping hurt by falling rupee, cheap steel imports
Ship recycling business has dipped by a third, forcing yard closures.
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August 2018
Sir Adrian Swire dies, aged 86
British billionaire had also taken senior roles in various shipping organisations, including chairman of the International Chamber of Shipping in…
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Harvey Gulf pursues bunkering, international markets
Shane Guidry-led OSV owner plans to partner with VT Halter Marine to build a LNG bunkering vessel.
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Venezuela’s Port Woes Stall Rosneft Liftings
The closing of a dock at Venezuela’s main oil export port could delay as much as 5 million barrels in crude deliveries to Russian state-oil firm Rosneft, a source said on Wednesday and documents showed.A tanker collision at the weekend forced PDVSA to …
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Demolition Activity Crucial For Shipping Market Relief Moving Forward
As we enter the final part of 2018, a resurgence in demolition activity, which has retreated over the course of the summer months, would be very welcome, in order to further alleviate overtonnage issues in various parts of the shipping market, most not…
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