The annual review of the LNG shipping markets (“LNG Trade & Transport”) is now available from Clarksons Research. Steve Gordon, Managing Director of Clarksons Research, commented, “Global trade in LNG continues its strong growth phase, with an expe…
Tankers The market trend for Tankers has been positive since the beginning of 2019. The recent purchase of a resale VLCC by SK Shipping for USD 98 mil is a 5 year high price achieved. Older VLCCs has been circulating the market recently and since the b…
Shipping: Half Year Values Round Up Read More »
Smart devices have the potential to radically transform the utility and value of shipping container equipment assets, according to Drewry’s latest Container Census & Leasing Annual Review & Forecast 2019/20 report. Smart containers have increas…
Smart devices to transform the utility and value of shipping container assets Read More »
Around the world, the environmental agenda is increasing. International focus has been levelled on Greta Thunberg, the 16-year-old credited with starting the school strike for climate movement. Extinction Rebellion, which aims to use civil disobedience…
Banking on climate considerations Read More »
LNG is enjoying something of a heyday right now in the lead up to the adoption of the IMO 2020 sulphur limit on January 1st. More than 40 orders have been placed for LNG-powered vessels as of May 2019 and this trend is expected to continue; a recent st…