Safety of workers,structures, equipment and the environment are paramount in any offshore energy project. In the March/April print edition, Offshore Engineer took a look inside some notable newcomers.Wearable tech to boost drill floor safetyHaloGuard…
Tech Files: Offshore Safety Systems & Equipment Read More »
The tanker market is still rather undewhelming, as demand hasn’t yet rebounded to a level, sufficient to generate positive momentum. Examining North-West Europe crude oil export trade, shipbroker Banchero Costa said in a recent report that “2020 was ov…
Tanker Trade Still Underwhelming Read More »
Time charter rates The Container market has seen an unprecedented increase in rates since the end of 2020. Container 1 year TC rates have surged to extraordinarily new highs with 8,500 TEU values rising to a record 54,000 USD/day for April. This is an …
Container Trade Accelerates as Rates Continue to Climb Read More »
Global steel demand is expected to grow by 5.8% this year, and by a further 2.7% next year, more than offsetting the 0.2% decline in demand in 2020. In real terms this means an extra 102 million tonnes will be needed this year, with a further 50.6 mill…
Steel demand bouncing back Read More »
Jones Act tanker market is not as insulated as many think, chief executive Sam Norton says
OSG feeling effect of product tanker arbitrage in tough quarter Read More »