STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced Friday its unaudited financial and operating results for the third quarter and nine month…
Asian LPG Market Softness Hurt StealthGas’ Third Quarter Performance Read More »
New data seems to suggest that the recent rally in tanker freight rates could be more than just a blip. In its latest weekly report, shipbroker Intermodal said that “halfway through the fourth and last quarter of the year, we spot a significant change …
Christmas Arrived Early for Tankers: Will they last? Read More »
Average vessel operating costs rose modestly for the second year in succession following two years of marked declines, but cost inflation is set to accelerate on higher insurance premiums, according to the latest Ship Operating Costs Annual Review and …
Ship operating costs reach inflection point as inflation returns Read More »
UNCTAD’s Multi-year Expert Meeting on Transport, Trade Logistics and Trade Facilitation on 21–23 November comes just a few months after the International Maritime Organization (IMO) adopted an initial strategy on the reduction of greenhouse gas (GHG) e…
Q&A: Shipping and the environment Read More »
While it’s safe to say that 2018 has been a landmark for the ships’ demolition market, particularly in the beleguered tanker segment, the past few weeks have been less than ideal, in terms of further alleviating tonnage supply. In its lates…
Ships’ Demolition Market in “Wait-and-See” Mode Read More »