In 2017, NORDEN’s dry bulk activities were successfully split into a Dry Operator and a Dry Owner unit to add resilience in versatile market conditions. Now a similar model is in the making in the company’s tanker business. “Increasing focus on short-t…
Tankers Ramps Up Focus On Short-Term Read More »
Capesize The market saw a steep ascent from the depths of last week. The Baltic Capesize Index (BCI) 5TC opened on Monday at $5,099, although by Friday’s close most gains were lost, and it finished up at $5,737, a modest gain of $638. Improved sentimen…
Dry Bulk Market: Capesizes On Higher Ground Read More »
Our oceans are critical to so many aspects of our day-to-day lives. In the UK alone, they provide jobs for over 500,000 people, contribute more than £47 billion to the economy, and are the means through which 95% of all trade reaches the UK. Globally, …
How the UKHO is supporting the Blue Economy Read More »
Having weathered a difficult few years, the shipping sector continues to face many challenges. Ongoing economic uncertainty and conditions are likely to remain volatile for a number of years. However, overall confidence in the industry is reasonably st…
Financial outsourcing: the benefits of new technologies for shipping Read More »
Classification society DNV GL and Keppel Marine and Deepwater Technology (KMDTech), a subsidiary of Keppel Offshore & Marine (Keppel O&M), announced that they have signed a framework agreement to boost the uptake of liquefied natural gas (LNG) …
Keppel and DNV GL team up to promote LNG as a ship fuel Read More »