A looming energy crisis could act in favor of tanker demand in the coming weeks and months, which could help lift earnings. In its latest weekly report, shipbroker Intermodal said that “in a year where both the container and the dry bulk freight sector…
Are Crude Tankers Primed for an Earnings Comeback? Read More »
Has the lid finally come off for crude oil tanker demolition in 2021? If judged by the 1.9m DWT of capacity that was removed in September, the answer is “yes”. Despite this, it is still too early, however, to declare a sudden U-turn, as we have only se…
September crude oil tanker demolishing hits 39-months high at 1.9m DWT Read More »
2021 has been a very important year for the Shipping industry with the issue of carbon emissions, radical changes in the supply chain logistics, and with countries and corporations coming together to address larger issues at hand. What is fascinating t…
[Tank]ing contracts: Doctrine of ‘Good faith’ versus ‘WOG’ and other exclusionary terms Read More »
Biofuels supplier GoodFuels and the feeder and shortsea company Unifeeder completed their first bunkering of sustainable marine biofuel in the Port of Rotterdam, the companies announced Thursday.Under this new partnership, the shortsea container…
Unifeeder Supplied with GoodFuels’ Biofuel in Rotterdam Read More »
Classification society ABS said it has been selected to class a former drillship that is being converted to a subsea mining vessel.The industry-first project will see Allseas’ 228-meter Vitoria 10000, now renamed Hidden Gem, equipped with a…
ABS to Class Allseas’ Deep Sea Mining Ship Read More »