Older VLCCs in demand as charterers look to hold down rates
Tuesday sees VLCC rates pick up after October correction as activity cooled
Older VLCCs in demand as charterers look to hold down rates Read More »
November 2022
Crowley to invest $7.3m in electric-powered equipment at Jacksonville terminal
US government plans to fund half of $14.6m project through $7.3m grant from Department of Transportation and Maritime Administration
Crowley to invest $7.3m in electric-powered equipment at Jacksonville terminal Read More »
Black Sea grain corridor on life support after Russian pullout
UN will not let any ships sail on Wednesday and warns that the scheme is hardly viable without Russian participation
Black Sea grain corridor on life support after Russian pullout Read More »
What’s in a number? Bugbee floats an $82 future for Scorpio Tankers
As president touts enhanced net asset value, sceptics at Deutsche Bank increase shipowner’s price target for second time in a week
What’s in a number? Bugbee floats an $82 future for Scorpio Tankers Read More »
DPS Safety Alert Follows DP3 Drillship Blackout Investigation
The United States Coast Guard issued the following Marine Safety Alert rergarding Dynamic Positioning Systems.Dynamic positioning (DP) systems1 meeting equipment class 2 (DP2) and equipment class 3 (DP3) have control features and redundancies…
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