Crude tanker rates, which have broadly declined across most routes over the last couple of months, are unlikely to recover anytime soon until there is a sizeable correction in vessel supply. Freight rates have come down drastically from the astronomica…
Weak demand outlook calls for sizeable supply correction for tanker market recovery Read More »
Retightening of crew change policies comes after mounting public pressure on the government to enhance its border control measures in…
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Hong Kong halts crew changes for non-cargo operation vessels Read More »
Re-tightening of crew change policies comes after mounting public pressure on the government to enhance its border control measures in…
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Hong Kong halts crew change for non-cargo operation vessels Read More »
Operations to remove the overturned car carrier Golden Ray in St. Simons Sound, Ga. have been suspended due to a coronavirus outbreak among responders and safety risks relating to hurricane season, the wreck removal unified command team announced Frida…
Golden Ray Salvage Paused Due to COVID-19, Hurricane Season Read More »
GTT said it has signed a Global Technical Services Agreement (TSA) with Hong-Kong based ship-management company Fleet Management. GTT will support Fleet Management with the shipbuilding supervision, maintenance and operation of the vessels they…
GTT Inks Services Deal with Fleet Management Read More »