Classification society ABS said it has awarded AET the SMART (INF) Notation for the 152,700 DWT DP2 shuttle tanker Eagle Passos, which was built and delivered by South Korean shipbuilder Samsung Heavy Industries Co., Ltd. (SHI).The first shuttle tanker…
ABS Awards Smart Notation to AET’s Eagle Passos Read More »
Greek interests are said to be returning to the yard for one firm and one optional vessel for delivery in 2022
Daehan Shipbuilding lines up potential $92m aframax order Read More »
Ship owners have reverted to their year-old “habit” of opting for second hand dry bulk carriers, instead of newbuildings. In its latest weekly report, shipbroker Allied said that it was “a week with limited interest in the dry bulk newbuilding market, …
Ship Owners Turn to Second Hand Bulkers, Instead of Newbuildings Read More »
The second half of the year has provided some cheer for the dry bulk market, with all ships in the spot market averaging earnings above the break-even point, though not high enough to make up for losses made during the first part of the year. Seasonal …
The likely replacement of the LIBOR at the end of 2021 creates difficult technical and practical issues for all sectors of business and finance. The concerns intensify as the projected deadline grows closer against a background of some continuing uncer…
LIBOR replacement and ship finance – where is it heading? Read More »