German shipbuilder Flensburger Schiffbau-Gesellschaft (FSG) and Canadian shipping company Oceanex are teaming up to design a climate-neutral and highly efficient ConRo (container RoRo) vessel.As part of a recently signed memorandum of understanding (Mo…
FSG, Oceanex to Develop Climate-neutral ConRo vessel Read More »
Lars Barstad warns of future problems if VLCC and suezmax newbuilds remain at low levels
Frontline CEO sounds alarm on shrinking tanker fleet Read More »
The Baltic Exchange’s main sea freight index registered its worst fall in three months on Thursday, weighed down by lower demand for coal and iron ore cargoes as steel output fell in China.The overall index, which factors in rates for capesize…
Baltic Dry Index Slides Sharply as Capesizes Hit Two-year Trough Read More »
Dutch shipbuilding group Damen reports it has delivered a new cutter suction dredge (CSD) to HAC Cranes for an end user in Kuwait.The stationary CSD650 dredger, named GD4000, was mobilized from stock and outfitted, inspected and delivered from the yard…
Damen Delivers Cutter Suction Dredge from Stock in 44 Days Read More »
Energy analyst Rystad says some 75% of Russian crude exports could be redirected outside continent after December ban
Russia looks for new oil markets as European embargo looms Read More »