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 »
We have partnered with Oslo based shipping consultancy firm ViaMar to provide Forecasted Market values for each individual vessel in the Tanker, Bulker, Container and LPG fleet. Forecasted Market Values are quarterly forecasts for individual vessels pr…
Brazil has replaced the North Sea as the biggest market for shuttle tanker operations. Naturally a good reason for DNV GL to invite the major players to DNV GL’s shuttle tanker workshop to share experiences and take a closer look at the market as well …
Shuttle tankers in Brazil Read More »
Ardmore Shipping Corporation announced results for the three and six months ended June 30, 2019. Highlights and Recent Activity – Reported a net loss from continuing operations (see Non-GAAP Measures section) of $3.4 million for the three months …
The first half of 2019 saw 201 cargo vessels sold for demolition (sum 2 million tonnes) 75% were scrapped at either Bangladesh or India, with Bangladesh receiving the majority share. Scrapping numbers were down c.18% compared to the first half of 2018….
201 Ships Scrapped During First Half of 2019 Read More »