Power solutions provider Fairbanks Morse said it has finalized an asset purchase agreement with Globe Turbocharger Specialties, Inc., a manufacturer of turbochargers and parts, expanding Fairbanks Morse’s service offering to include turbocharger…
Fairbanks Morse Inks Deal with Globe Turbocharger Specialties Read More »
Energy companies on Monday began evacuating offshore oil platforms as the 25th named storm of the year formed in the Caribbean and was forecast to become a major hurricane before it entered the Gulf of Mexico and threatens the U.S. mainland.Tropical…
US Offshore Evacuations Begin as Record-breaking Storm Threatens Read More »
Known assumptions could be a wrong guide, when it comes to assessing the dry bulk market’s direction during the final quarter of the year. In its latest weekly report, shipbroker Allied Shipbroking said that as we enter the fourth quarter of the year, …
Dry Bulk Market Could end 2020 on a High, But the Start of 2021 Should be Challenging Read More »
The pandemic impact in 2020 continues to have a severe impact on the container shipping industry. If we take a closer look at the volatility of any aspect of relevance it is going beyond what we see very often. That freight rates themselves are shiftin…
Lars Jense: All measures of volatility are off the charts in 2020 Read More »
BW LPG is now a pure-play Very Large Gas Carrier (VLGC) operator, after the delivery of the last of its Large Gas Carrier (LGC) to the new owners in 1Q20. In addition, the company is primarily a spot market operator. This spot market strategy for a pur…
How does the stock of BW LPG compare with FFAs and asset prices? Read More »