The ship recycling market was halted over the past week, as holidays in the Far East meant a lull in sales. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “with the holidays in the Far East continuing into this week, the marke…
Ship Recycling Activity on Hold Read More »
After an unusually strong start to the year, seasonality has caught up with the dry bulk market. Coupled with a slow recovery in global economic activity, it looks set to be another challenging year. Demand drivers and freight rates The dry bulk indust…
Dry Bulk Shipping: Strong Start To Year Ends As Slow Recovery Awaits Read More »
HSFO supplies are tightening in several Mediterranean and South African ports this week, while rough weather has disrupted bunkering in the Gibraltar Strait again. ARA’s independent fuel oil stocks were slightly lower last week, but are still far above…
ENGINE: Europe & Africa Bunker Fuel Availability Outlook Read More »
The buyout is still expected to close in the first half
Golar LNG Partners shareholders approve New Fortress Energy deal Read More »
Cheniere Energy Inc, the top U.S. liquefied natural gas producer, on Wednesday raised its full-year adjusted earnings forecast, predicting higher demand for the fuel as COVID-19 vaccinations boost economic recovery.Lockdown measures implemented…
Cheniere Expects Rising LNG Demand with Vaccine Rollout Read More »