The tanker market’s bullish nature lately, is making it harder to spot potential downward trends. In its latest weekly report, shipbroker Allied said that “a closer look at the TD3C route (MEG/China) could help us argue that trend patterns look fairly …
Bullish Tanker Market Makes it Harder to Spot Potential Downward Risk Read More »
This week’s chart highlights the trend in VLCC (Very Large Crude Carrier) tonne-days growth, which has been decreasing consistently since our last review in week 17, just before the end of April. At the end of the second week of May, the demand g…
VLCC AG-China tonne days Read More »
In 2024, the shipping industry has been caught in a maelstrom of challenges that threaten to destabilise global supply chains, endanger crew safety, and derail progress made on environmental sustainability. Allianz Commercial’s annual Safety and Shippi…
Shipping’s resilience buffeted by threats Read More »
Uncle Sam wants you — to choose a career in welding. The chronic shortage of qualified welders has been well documented. The American Welding Society (AWS) even created a website — www.weldingworkforcedata.com — so that industry and the media could sha…
Apprenticeship Programs Are Key to the Future of Marine Welding Read More »
Turkish shipbuilder Med Marine announced it has delivered the MED-A2565 class Robert Allan Ramparts 2500-W design tugboat for Arrendadora Continental, S.A.The newly built tugboat, named Monterrico by its owner, has been delivered to Guatemala…
Med Marine Delivers Tug to Arrendadora Continental Read More »