Duo lined up for up to five nine newbuildings sought by Sinopec, with Shandong Shipping unmasked as provider of remaining quartet
MOL set to partner Cosco on order for up to five LNG carriers at Dalian Shipbuilding Read More »
While drama in the container shipping sector has calmed a bit, container carriers still wrestle with unexpected drops in demand. Peter Sand, Xeneta, discusses vessel capacity moves and their likely impact on rates, as well as the first containership…
Video: Container Carrier Capacity Adjustment – Too Little, Too Late? Read More »
Several ships carrying liquefied natural gas (LNG) anchored off Spain’s Bay of Cadiz are likely to stay there until late November in anticipation of a rise in European gas prices, industry sources said.Dozens of ships have been circling off the Iberian…
LNG Ships Play Waiting Game Off Spain’s Coast as Higher Prices Eyed Read More »
China is expected to account for half of the world’s steel consumption this year, according to World Steel Association
Dry bulk shipping has ‘underwhelming’ day as world’s steel demand declines Read More »
The ship recycling market is “hungry” for more vintage tonnage, which is rather scarce at present, while the industry’s focus is now shifting towards decarbonization. In its latest weekly report, shipbroker Clarkson Platou Hellas noted that “the main t…
Lack of Tonnage Keeps Hampering the Ship Recycling Market Read More »