Global ship recycling fundamentals remain shaky, reports cash buyer GMS, as Indian and Pakistani steel plate prices reported unexpected moves bought on by the 30% tariffs levied on a variety of goods being imported from China.In addition, the U.S.
Ship Recycling Fundamentals Remain Shaky Read More »
Green Yard Kleven has completed the conversion of an 80-meter walk-to-work vessel into a cable lay and repair services vessel for NTT, one of the largest telecommunications companies in Asia.The ship was originally built as an MT6007 seismic…
Vessel’s Second Conversion Saves CO2 Emissions Read More »
Esgian has no rig contracts to announced but provides an update on rig moves and drilling operations in the US Gulf of Mexico, Canada, Morocco and Norway in its Week 38 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesExxonMo…
Esgian Week 38 Report: Contracting has Slowed Read More »
An ageing fleet is expected to favor future prospects of the LR1/Panamax market. In its latest weekly report, shipbroker Gibson said that “the LR1/Panamax market has often been referred to as a dying sector, with investment in new tonnage close to zero…
LR1/Panamax Market Expected to Benefit from Ageing Fleet Read More »
Knut Ørbeck-Nilssen, CEO, DNV Maritime, says shipping must invest in the exploration and development of technological solutions that improve energy efficiency to reduce greenhouse gas emissions until carbon-neutral fuels become available. Decarbonizati…
Decarbonizing maritime: Overcoming challenges with innovation and ingenuity Read More »