As the VLCC market goes from strength to strength, we’re exploring some of the factors that are driving this trend. Oil demand across the world remains robust and is closing in on pre-Covid levels. At the same time, production levels are improving, and…
In September 2022, head-haul and regional trade volumes were lower than in 2021 into all import regions except the Far East. Remarkably, volumes into North America, which led the surge in volumes during COVID, saw the greatest loss at -20.6% y/y. For c…
September head-haul volumes fall 15.5% y/y as liner landscape faces change Read More »
Houston offshore vessel owner bought Swire Pacific Offshore in April, adding 74 ships to its largest-in-the-world fleet
Tidewater sees stock price drop after issuing shares to cover Swire Pacific buy Read More »
Pangaea rode strong performance from its Arctic ice-class fleet to win a 41% premium to market rates
Pangaea Logistics hikes dividend and turns another profit in softer market Read More »
Covington, La. based marine engineering firm Baker Marine Solutions has unveiled a new service operation vessel (SOV) design for the U.S. offshore wind industry.The new BMS 1776 is designed be built in the U.S. to ABS class standards and is fully certi…
BMS Unveils SOV Design for the US Offshore Wind Market Read More »