Ireland headquartered ship owner and charterer Arklow Shipping has contracted communications solutions provider Satcom Global to install Aura VSAT across 17 newbuild vessels due for delivery from 2021 onward.The new vessels will be activated on a range…
Arklow Chooses Satcom Global Aura VSAT Read More »
The ships’ recycling market started 2021 rather strongly. However, as things stand, some of the momentum built has gone, which could be an indication that some fluctuations could be on the cards. In its latest weekly report, shipbroker Clarkson Platou …
Ships’ Recycling Activity Loses Some Steam Read More »
The LNG market started 2021 on a high note with Asian spot prices crossing $30 per MMBtu while LNG shipping rates recorded a high $350k per day due to freezing temperatures and tight vessel supply. However, the current market conditions are poles apart…
LNG market riding high, but will the gains continue? Read More »
The Cyprus Shipping Deputy Ministry (SDM) has announced a new range of green incentives to reward vessels that demonstrate effective emissions reductions. From the fiscal year 2021, annual tonnage tax will be reduced by up to 30% for each vessel that d…
Tonnage Tax Reductions Of Up To 30% With New Cyprus Green Incentives Programme Read More »
There has been a spate of very large gas carrier orders in recent months on the back of strong freight…
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KSOE wins $79m VLGC order from compatriot KSS Line Read More »