Physical VLCC trade also faces tonnage oversupply as Iran-related tensions fail to lift sentiment
Saudi supply cut and slow vaccination fuel big sell-off in tanker FFAs Read More »
Long-haul shipping demand boosts VLGCs as new propane dehydrogenation plants are commissioned in China
Large LPG carriers have stronger earnings prospects than smaller peers, Drewry says Read More »
Fewer tanker shipments likely as oil kingpin volunteers to reduce output by 1m bpd in February and March
Surprise Saudi self-sacrifice hurts tanker market prospects Read More »
Trading house moves ahead with its midsize project at Jiangnan Shipyard
Chinese gas player Jovo wins IPO approval to fund LNG carrier newbuildings Read More »
Former head of two key Chinese shipbuilding giants accused of using position for ‘money and sex’
Communist Party expels yard executive Hu Wenming for abuse of power Read More »