The Idan Ofer-owned company now has six ammonia-powered newcastlemaxes booked at Qingdao Beihai Shipbuilding
Eastern Pacific doubles down on ammonia dual-fuel bulk carriers in China Read More »
Sale of Lucky Dragon is one of 16 sales deals lined up by Chinese tonnage provider so far in 2023
Latest incident is likely to prompt calls for greater security in vital South East Asian waterway
Bulker master injured after ship boarded in Strait of Malacca Read More »
The tanker market will keep on… shipping fossil fuels for a long time, despite the looming peak oil demand scenario, due some time in the not so distant future. Even if this arrives sooner than earlier anticipated, it most likely won’t be a case of dem…
Demand For Tankers Will Remain Strong, Even After the Peak Oil Scenario Materializes Read More »
Capesize The week in the capesize market concluded with a continued trend of declining rates. In the Pacific region, despite the addition of a second major player later in the week, trading remained lacklustre. Rates for C5 fell by a total of $2.20 thr…
Dry Bulk Market: Capesizes on correction mode Read More »