Esgian provides an update on new jack-up contracts in the North Sea and Nigeria in its Week 33 Rig Analytics Market Roundup.Report SummaryContractsBorr Drilling 400-ft jackup Prospector 1 has secured a contract extension with ONE-Dyas for work offshore…
Esgian Week 33 Report: New Contracts in North Sea, Nigeria Read More »
Europe’s freight bills are set to rise as the impact of EU ETS kicks in. The rise in the movement of younger vessels in Europe in 2024 authenticates the preference for more efficient vessels in the region to reduce emissions and reduce ETS-related cost…
Europe’s freight bills to go up as younger fleet trades in the region Read More »
Less than seven weeks remain to agree a new pay deal and avert union strike action at US East and Gulf Coast ports – meaning time is now up for shippers to take decisive action to protect supply chains. The current pay deal with the International Longs…
Capesize This week the capesize market saw a strong start in the Pacific, with consistent activity from all three major miners driving rates upward. Early in the week, the C5 index showed solid gains and this positive momentum continued through to Wedn…
From Capesize Peaks to Handysize Flats: A Comprehensive Market Review Read More »
Shipowners in all sectors face the same decision: build new or refurbish older tonnage. In the booming cruise sector the decision is more pressing, particularly as new construction ships can take two to three years to build, perhaps longer today…
Cruise Vessel MS Amera Gets a New Lease on Life Read More »