A gas tanker had just left its berth at the Port of Brisbane, Australia, when it lost propulsion for two minutes as two of its three electrical generators were not properly configured, an ATSB final report has confirmed.On March 15, 2025, the 100-metre…
Blackout Due to Incorrectly Configured Generators Read More »
Chinese leasing revival and bond surge reshuffle funding playbook, panel says
US-China trade spat reshapes ship funding landscape Read More »
“Due to low contracting volumes in 2022, the crude tanker order book/fleet ratio bottomed out at 2.8% in March 2023. It has climbed steadily since and has now hit a nine-year high of 14.1%. The order book may kickstart the renewal of a fleet that has g…
Crude tanker fleet renewal to accelerate as order book/fleet ratio hits 9-year high Read More »
This was a dispute relating to mergers and acquisitions (M&A) advisory work carried out in respect of the merger of two crude oil tanker operators. The Court dismissed the advisory company’s claim in restitution for more than US$11.5 million for se…
Shipping Joint Ventures Read More »
Baltic Exchange has launched a new Time Charter Equivalent (TCE) earnings calculator, designed to bring clarity and consistency to freight assessments in an increasingly complex market. The calculator builds on the Baltic’s long-standing TCE methodolog…