“It’s all about doing things faster and more efficiently, but still doing them well,” says Stener Olav Stenersen, Head of Services at the DNV GL Maritime Operational Centre in Høvik. Sending a surveyor to a vessel site costs time and money, and waiting…
Perfect combination Read More »
Judged by the numbers, container shipping and liquefied natural gas (LNG) is something like a love-hate relationship: The total number of LNG-fuelled ships on order, ready for conversion or already operating add up to 93 container vessels — that’s more…
Reinventing the wheel Read More »
Capesize Having hit a high of $32,963 early last week, the Capesize 5TC now stands at $25,749. This is over 20% of its value lost in 10 days. Currently the market is at a bit of a standoff, with a wide bid/offer spread. For the West Australia to China,…
Dry Bulk Market: Capesizes on Correction Mode Read More »
Sustained GDP growth could give world trade a lift this year, yet it remains to be seen whether this boost will endure, warns the World Trade Organization (WTO). According to the body, mid-last year, economic growth slowed more than anticipated, causin…
WTO: ambiguous fortunes for trade Read More »
Another week, another sub par ship recycling activity in the market. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the tropical and hot climate that has been experienced across Europe this week has further reminded everyone …
Demolition Activity Below Par on Summer Lull Read More »