US crude production set for record 2024 in boost for VLCCs
Rising Atlantic production improves the medium-term outlook for crude tankers, says Clarksons
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August 2023
Unfazed Stainless Tankers expects sideways rates in the third quarter
Oslo-listed chemical tanker unthreatened by orderbook and China disappointment
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Last Fugitive Linked to Ferry Disaster Extradited to South Korea
A South Korean businessman wanted for nine years by authorities was extradited from the United States last Friday to face charges linked to one of the country’s worst maritime disasters in which over 300 people, mostly children, were killed.Yoo…
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Sri Lankan Shipyard Delivers Cable Layer to European Owner
Colombo Dockyard PLC recently delivered the first-ever Cable Laying and Repair Vessel (CLRV) to the European market from Sri Lanka.The vessel was built for Orange Marine, a France-based specialist in submarine telecommunications, whose fleet…
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With 35 out of 36 rigs contracted, Shelf Drilling’s backlog stands at $2.6 billion
Shelf Drilling has revealed higher revenue for 2Q 2023, compared to 1Q 2023, driven by higher day rates and effective fleet utilisation.
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