The demolition market has firmed up in prices offered by some yards as of late, but the past week’s abrupt currency declines have created further insecurity among market delegates. In its latest weekly report, shipbroker Clarkson Platou Hellas said tha…
Currency Issues in the SouthEast Asian Market are Impacting the Ship Recycling Activity Read More »
2022 will be a record year for container shipping companies. We expect the sector’s revenue to jump by +19% y/y and its operating cash flow to grow by +8% y/y. While freight rates have fallen -32% year-to-date, they are still well above the pre-pandemi…
Shipping: liners swimming in money but supply chains sinking Read More »
SEA-LNG responds to International Council on Clean Transportation (ICCT) report: Comparing the Future Demand for, Supply of, and Life-Cycle Emissions from Bio, Synthetic, and Fossil LNG Marine Fuels in the European Union. Report uses poor data and unre…
NGO Report on LNG Pathway makes flawed assumptions based on outdated data Read More »
Sponsored Content:Every year, many professional mariners become involved in accidents that trigger a USCG investigation.Imagine working aboard a vessel and, suddenly, you’re involved in a maritime accident that triggers a Coast Guard investigation.
Marine License Insurance: Do You Need It? Read More »
VLCCs sailing from the Middle East to Asia are earning rates in excess of $70,000 per day, according to Tankers International
Fixture activity in the Middle East keeps pushing VLCC rates upward Read More »