Denmark-based NORDEN announced Monday it has sold a Handysize tanker, which was delivered to her new owners in late November 2019, and it purchased two medium range (MR) tankers, which were delivered in end-December 2019.NORDEN, which said it…
NORDEN Sells a Handymax, Buys 2 MR Tankers Read More »
Spot rates on the Asia-Europe trade have amassed increases of more than 40% since the start of December
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Good news for shipyards if broker’s forecasts are borne out
Clarksons crystal ball predicts newbuilding recovery in 2020s Read More »
Suez Canal revenues increased slightly to $5.8 billion in 2019 compared with $5.7 billion in 2018, its authority said in a statement on Saturday.The canal kept its transit toll unchanged in 2020 for all types of vessels except dry bulk vessels and liqu…
Suez Canal Revenues Rose in 2019 Read More »
Royston said it has completed the overhaul of a critical power system on board the Bluewater Services operated floating production, storage and offloading (FPSO) vessel Aoka Mizu.The diesel power specialist said its team of engineers undertook the 6…
Royston Overhauls Aoka Mizu FPSO Power Systems Read More »