Chevron has introduced Clarity Bio EliteSyn AW. The new formula, biodegradable hydraulic fluid is suited to marine, construction and other environmentally sensitive applications.Chevron says that with a Total Oxidation Stability Test (TOST) life of ove…
New Formula Biodegradable Hydraulic Fluid Promises High Performance Read More »
Germany’s lower house of parliament and the state parliament of Lower Saxony have approved the rescue of Meyer Werft, one of the world’s biggest cruise ship builders, members of the budget committee told Reuters on Wednesday.Although the shipbuilder’s …
German Parliament Greenlights Rescue Plan for Shipbuilder Meyer Werft Read More »
New York-listed tanker and LNG carrier owner rules out buybacks as dividend hike fuels stock price jump
The ship recycling market was largely unchanged versus the previous weeks, as challenges remained last week as well. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the ship recycling market remain…
Ship Recycling Market Stagnant Last Week Read More »
The decreasing trend in the number of Capesize ballasters in the South Atlantic reinforces the recent signs of a rebound in C3 market rates, as noted in our previous weekly insights. However, on the P6 route, the decline in ballaster numbers has not be…
Capesize & Panamax Ballasters View Vs Baltic Rates Read More »