ABS and Singapore-based shipyard Seatrium Limited have achieved the assignment of a structural health monitoring notation for a self-elevating drilling unit (SEDU).ADMARINE 686 is the world’s first SEDU to receive the ABS SMART (SHM) Notation…
ABS Launches Offshore Structural Health Monitoring Notation Read More »
Although it doesn’t seem that way right now, there’s a growing sense of positive sentiment for the ship recycling market, which is expected to improve by year’s end, or at the first few weeks of 2024. In its latest weekly report, shipbroker Clarkson Pl…
Ship Recycling Activity Market Sentiment Expected to Improve in the Coming Weeks Read More »
The multipurpose vessel (MPV) orderbook to date is dominated by China, both in number of vessels and total dwt. At the same time, China has exclusively been building all the high-capacity ships of the sector. While this is not a new development, the gr…
China’s domination of the MPV orderbook presents a supply-side risk Read More »
As if the container shipping capacity wasn’t sufficiently unpredictable, the past month has seen the uncertainty taken up a notch for 2024. Let us start with the element for which there is the least uncertainty: overcapacity. Carriers are taking delive…
FBX Index November 2023: Ramping up the uncertainty Read More »
VLCC spot numbers up robustly in less than a month and ahead of peers
DHT Holdings’ year-end fixtures keep rising after in-line third quarter Read More »