Chinese yards to snare more domestic LNG carrier orders
Two yards are set to net a raft of vessels as China moves to up its LNG vessel construction skills
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March 2022
Newbuilding Ordering Activity Picks Up
The newbuilding market has picked up of late, with many orders mainly in the LNG and container segments. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “in the gas carrier market, Hyundai HI (Ulsan) announced contracting three…
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Diesel Vacuum in Crisis: Struck Europe Sucks In MRs
Demand for Clean Tankers has shifted up another gear, as the Ukraine crisis intensifies. As Russian troops amassed at the border with Eastern Ukraine last month and hostilities commenced on February 26th, the MR Atlantic Basket (an average of freight r…
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War in Ukraine – impact on crew contracts, claims and repatriation
Many Gard Members employ Ukrainian and Russian seafarers. We outline some of the Frequently Asked Questions related to employment terms and also the impact of the war on P&I cover for crew claims. While each question will depend on the specific fac…
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Uninsulated Exhaust Header Likely Ignited Towboat Fire -NTSB
An engine room fire aboard a towing vessel was the result of spraying diesel fuel hitting an uninsulated section of the engine’s exhaust system, the National Transportation Safety Board (NTSB) said in a marine investigation report released Tuesday.On M…
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