A 5% decline in thermal coal equates to just over 1% of total dry bulk demand, stifel analyst Benjamin Nolan estimates
Related StoriesWill increased LNG demand mean the death of coal trade?China congress:…
Will greater LNG demand lead to the death of coal? Read More »
Wärtsilä launched its FuelFlex Injection Control Unit (ICU) upgrading solution available for retrofitting on vessels with Wärtsilä RT-flex96C-B and RT-flex84T-D two-stroke engines to meet the requirements of operating its RT-flex type two-stroke…
Wärtsilä Launches FuelFlex ICU Upgrading System Read More »
Australia-based shipbuilding group Austal Limited said its Vũng Tàu, Vietnam shipyard launched its first vessel, a 94 -high-speed catamaran for the National Infrastructure Development Company (NIDCo) of Trinidad and Tobago.The vehicle-passenger ferry…
Austal Vietnam Launched Its First Vessel Read More »
The first of five Iranian tankers carrying fuel to Venezuela has moored at a port serving the El Palito refinery, the oil minister said on Monday, and Refinitiv Eikon data showed a second vessel had entered its waters.Iran is providing Venezuela…
Iranian Tanker Docks in Venezuela Read More »
Shipbrokers and market delegates are debating as to whether the current dry bulk market’s demise is an aftermath of the pandemic, or if more structural damage has been done, which could the market remain depressed for many more months. In its latest we…
Dry Bulk Market: Is a V-Shaped or a U-Shaped Recovery Underway? Read More »