Former Sovcomflot aframax heads for demolition in Bangladesh
Shadow fleet reported to be losing tanker
Former Sovcomflot aframax heads for demolition in Bangladesh Read More »
June 2024
EU Proposes to Sanction Shipping Giant Sovcomflot
The European Union is proposing to sanction Russia’s oil-shipping giant Sovcomflot in a move to limit the Kremlin’s ability to finance its war against Ukraine, Bloomberg News reported on Tuesday, citing a document seen by it.The move would follow…
EU Proposes to Sanction Shipping Giant Sovcomflot Read More »
BW Group tees up sale of $93m worth of Navigator Holdings shares
Ultranav to become largest shareholder in New York-listed company after offering
BW Group tees up sale of $93m worth of Navigator Holdings shares Read More »
Political Climate Takes a Toll on Ship Recycling
The ship recycling market was in a downturn over the past few days, as a result of the recent elections in India, while a further slowdown is expected in the coming days, because of the Eid holidays. In its latest weekly report, Best Oasis (www.best-oa…
Political Climate Takes a Toll on Ship Recycling Read More »
LNG newbuilding values at record high: 78 newbuild orders placed in 2024, doubling 2023
The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first five months of 2024, an increase of c.129%. Newbuilding prices for the Large LNG sector of 174,000 CBM a…
LNG newbuilding values at record high: 78 newbuild orders placed in 2024, doubling 2023 Read More »