Tanker ordering levels have increased during the first few months of 2024. So far this year, 104 Tankers have been added to the global orderbook, up from 79 for the same period last year, representing a year-on-year increase of c.32%. Values for Tanker…
Tanker Orders Increase 32% Year-on-Year Read More »
A shortage of OSV vessels is a catalyst for significant digital transformation within the industry. Many OSV vessels were decommissioned or withdrawn during the pandemic, and with markets now recovering, this is leading to a scarcity that has resulted …
How the OSV shortage is sparking a digital transformation Read More »
Hawai‘i’s interisland freight company Young Brothers has become the first marine transportation company in the Unites States to install an innovative mooring system designed to improve safety and efficiency.The new $1.5 million ShoreTension…
Young Brothers Is First in the US to Use Innovative Mooring System Read More »
Futures market saw big gains on Thursday as suddenly everything started to look a little more rosy
Capesize futures market fizzes as freight rates snap losing streak Read More »
Futures market saw big gains on Thursday as suddenly everything started to look a little more rosy
Frisky Thursday for the capesize market as Pacific freight rates and futures jump up Read More »