Clearlake leads surprise chartering spree for period MR tonnage
Gunvor’s shipping arm takes five young ships with low fuel consumption amid rising bunker prices
Clearlake leads surprise chartering spree for period MR tonnage Read More »
February 2021
Cummins QSK95s: Big Electric Power for Conversion of Ariake to FPSO
Floating Production Storage and Offloading (FPSO) vessels are essential tools in the search for oil in deeper waters, further from shore-based facilities. Typically, the large FPSO is stationary with a number of wells feeding oil into its holds.
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Maersk looks to further acquisitions to boost synergies
After a bumper year, Maersk sees growth in 2021 despite uncertainty over the pandemic. Further deals may be needed to…
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Push to improve West Africa’s security vessels market
BIMCO is working on a new standard contract to make it simpler and easier for ships in the Gulf of…
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Product tanker market poised for rapid turnaround, says Ardmore
Concordia Maritime meanwhile expects a gradual strengthening of the product tanker markets, with a positive effect on tanker demand from…
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Product tanker market poised for rapid turnaround, says Ardmore Read More »