Reederei H Vogemann adds to handysize bulker newbuilding tally
German owner takes orderbook at Yangfan Group to six vessels, adding to building spree in China
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September 2021
Gas Price Rally Could Trigger More Demand for Tankers
The rise of gas prices could act as a catalyst for oil demand and thus more cargoes for oil tankers, should more countries opt for oil-based supplies for their winter needs. A cold winter could also play its part. In its latest weekly report, shipbroke…
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Dry Bulk Market: Capesize Segment Keeps on Rallying
Capesize The Capesize market continued its assertive rally this past week reaching new highs in dramatic fashion. The Capesize 5TC opened the week at $53,240 and never looked like taking a backward step as it closed out the week a staggering $8,069 up …
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Progress made on life-cycle Greenhouse Gas (GHG) guidelines for alternative low/zero carbon marine fuels
An International Maritime Organization (IMO) working group has made concrete progress in developing lifecycle GHG/carbon intensity guidelines (LCA guidelines), to be utilized when assessing the overall climate impact of new fuels, which shipping needs …
Novatek’s Mark Gyetvay to fight tax charges after arrest in US
Former chief financial officer and international face of Russian gas giant who has frequently spoken on LNG shipping pleads not guilty
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