A steel cutting ceremony has been held for a new RAsalvor 6500 at Rizhao GANGDA Shipbuilding (Shandong Port) in Shandong Province, China.Designed by Robert Allan Ltd. for Smit Lamnalco, Australia, and the Australian Maritime Safety Authority…
Steel Cut for Australian Emergency Towing Vessel Read More »
The 39-metre tug Silivri has been delivered to The BOTAS Petroleum Pipeline Corporation in Turkey.The TRAktor V3900-DF series tug was recently completed at Uzmar Shipyard to a design by Robert Allan Ltd.Silivri is only the second vessel in the…
Dual-Fuel LNG Tractor Tug Delivered to Turkish Owner Read More »
Greek shipping is particularly exposed to Chinese-built vessels and could be impacted if the US moves ahead with its proposal to impose tariffs on all Chinese-built ships entering its ports. In its latest weekly report, shipbroker Xclusiv said that “la…
Greek Shipping’s Exposure to Chinese Shipbuilding Read More »
“During the first two months of 2025, bulker newbuilding contracting dropped 92% y/y to the lowest level in at least 30 years. While contracting in January was low, no new ships were ordered in February. Weak freight rates, high newbuilding prices, lon…
Bulker newbuilding contracting plunges 92% to lowest level in decades Read More »
This week’s focus is on the evolution of VLCC net supply growth in the Arabian Gulf (AG), the performance of Baltic Rates, and a comparative analysis of Gross Supply versus Cargo Demand over the next 10, 20, and 30 days. VLCC Net Supply Trends, B…
Tanker Weekly Market Monitor: VLCC AG Supply Read More »