Orderbook has grown to 27% of global fleet, Euroseas chief executive Aristides Pittas says
Container ship market may be challenging next year as supply piles up, shipowners say Read More »
The LNG and LPG markets, especially the VLGC one, is expected to trend higher over the coming weeks and months, as ton-mile demand will increase significantly. In its latest weekly report, shipbroker Xclusiv said that “the El Niño, a natural climate ph…
LNG and LPG Rates Expected to Move Higher Read More »
In the second week of November, freight rates for crude oil tankers remained firm with slight signs of a downward correction. The upward momentum of early November in the second half of November remains uncertain as there are signs of an increase in th…
Cyber security is the key ingredient that allows the container shipping industry to safely take advantage of the many opportunities of digitalization, from improved operating efficiency, environmental compliance and remote monitoring and maintenance to…
The National Transportation Safety Board (NTSB) on Thursday cited thermal runaway of a cell within a handheld radio’s lithium-ion battery as the cause of a fire on an oil tanker docked in Baton Rouge, La.The Liberian-registered oil tanker S…
Oil Tanker Fire Sparked by Lithium-ion Battery Explosion -NTSB Read More »