Boss of bunker firm now faces a total of 83 charges and potentially lengthy jail sentence if found guilty
Singapore bunker firm founder handed more charges over stolen Shell marine gasoil Read More »
The lack of vintage tonnage appears to be the main trend in the ship recycling market these days. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “as we have now entered the month of August, the holiday season is now in full sw…
Lack of Activity in the Ship Recycling Market Read More »
While some shipyards struggled to stay afloat during the initial outbreak of COVID-19, the post-pandemic environment is predicted to usher in an encouraging era for shipyards’ orderbooks. In 2020, orders for containerships fell to their lowest number i…
A surge in shipbuilding Read More »
LNG is the best fuel option for owners considering how to extend vessel life and secure CII compliance through retrofit, according to SEA-LNG, the multi-sector industry coalition established to demonstrate the benefits of the LNG fuel pathway for shippi…
LNG retrofits will rate higher under CII than HFO/scrubber or Vlsfo alternatives Read More »
Norwegian Cruise Line Holdings Ltd forecast a loss for the current quarter and revenue below estimates as occupancy rates remained stubbornly below pre-pandemic levels, sending its shares down 12% on Tuesday.Its second-quarter occupancy of 65% compared…
Norwegian Cruise Says Pre-pandemic Occupancy Still a Year Away Read More »