The joint venture company has splashed out close to $270m on the dual-fuel fully refrigerated LPG ships
Japan’s Lepta Shipping dives into gas with order for midsize carrier quartet Read More »
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced it has selected the Center for Naval Analyses (CNA) to conduct a study that will help the agency create its new national maritime strategy.CNA is an independent…
MARAD Taps CNA to Help Inform New National Maritime Strategy Read More »
Ship owners have been quite active in the newbuilding and S&P markets this past week. In its latest weekly report, shipbroker Allied Shipbroking said that “a substantial number of newbuilding orders have come to light over the past week, with bulk …
Ship Owners Splurge The Money for Newbuildings Read More »
In the second week of September, despite the ongoing challenges surrounding China’s economic recovery and uncertainties regarding grain trade negotiations between Ukraine and Russia, we observed a continued firm momentum of freight rates. It is u…
US oil production has increased since 2013 while US refinery runs peaked before the COVID pandemic. This has allowed dirty tanker exports to increase from 0.4 million barrels per day (mbpd) in 2016 to 3.5 mbpd during the first eight months of 2023. Dur…
US dirty tanker export demand jumps 33% year-on-year Read More »