Awilco LNG switches out CEO Jon Skule Storheill as company enters new phase
Former BW LPG chief executive Anders Onarheim proposed as new chairman
Awilco LNG switches out CEO Jon Skule Storheill as company enters new phase Read More »
May 2026
More Newbuilding Orders and S&P Activity in the Shipping Markets
Activity remained strong in the newbuilding and S&P markets over the past few days. In its latest weekly report, shipbroker Banchero Costa said that in the newbuilding segment “in the container sector, China Merchants H.I. secured an order for 4 x …
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VLCC 5Y Tonnage Now Trades Above Newbuild
Our Tanker Market Monitor this week reviews developments at the end of April, focusing on the ongoing disruption in the Strait as the war-driven deadlock continues unresolved for over 60 days. We shift our attention to the Atlantic market, where the US…
VLCC 5Y Tonnage Now Trades Above Newbuild Read More »
Tight gas supply drives 27% jump in coal shipments to Japan, Korea and the EU
“In April 2026, coal shipments to Japan, South Korea and the EU jumped 27% y/y as these countries seek alternative energy supplies to gas to meet their electricity demand. The closure of the Strait of Hormuz has disrupted LNG shipments out of the…
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ABS Acquires RMC Global to Strengthen Cybersecurity, Risk Management Capabilities
ABS, through its affiliate ABSG Consulting Inc. (ABS Consulting), has announced the acquisition of RMC Global (RMC), a provider of industrial cybersecurity, risk management and resiliency solutions.The acquisition strengthens ABS Consulting’s capabilit…
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