BP will defend its rights “to the absolute fullest” in an arbitration case against U.S. exporter Venture Global LNG over failing to supply contracted cargoes, Chief Executive Officer Bernard Looney said on Tuesday.Oil companies Shell SHEL.L…
BP to Defend its Rights in Venture Global LNG Dispute Read More »
A mismatch is evident in the ship recycling market, as yards are not willing to match the prices on offer. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “certain vessels achieve a certain price sometimes in this market and qu…
Ship Recycling Market in Limbo Read More »
Greece is the largest shipowning nation in the world, as Greek shipowners control the highest share, 21%, of the global merchant fleet in terms of deadweight tonnes – dwt. During the last ten years the total capacity of the Greek merchant fleet, …
UGS: Greece Maintains Its Status as Leading Shipowning Nation Read More »
US Coast Guard chose DNV as one partner for their one-year merchant marine training programme on autonomous and remote-controlled shipping. Lieutenant Steve Conde, who worked closely with DNV’s ship autonomy team, discusses current developments and giv…
Regulation development for autonomous and remote-controlled shipping Read More »
‘Further softness’ expected in Diana’s earnings as 20% of year’s available days remain unfixed
Diana Shipping misses Wall Street consensus due to weaker dry bulk market Read More »