Unfinished drill ship pair return to sales market in China
Long-idled offshore units test buyer appetite despite stronger drilling market
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Maritime News
Singapore hedge fund hikes position in US-listed tanker shares
Frontline becomes Pinpoint’s seventh-biggest investment in New York-listed equities
Singapore hedge fund hikes position in US-listed tanker shares Read More »
Ship Recycling Markets Remain Firm With Bangladesh Leading
Despite challenging overall conditions, the ship recycling markets remained firm, with a clear edge from Bangladeshi recyclers. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian local mar…
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Hormuz oil shock tilts shipping towards alternative fuels
Alternative fuels more attractive now as oil shoots higher The Middle East conflict and blockade of the Strait of Hormuz have disrupted oil supply and pushed shipping fuel prices, like marine gas oil (MGO), sharply higher. In this environment, fuel str…
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Hormuz LNG breakthrough: Four LNGCs eye the exit
On 11 May, Al Kharaitiyat broke through Hormuz, heading for Port Qasim — the first Qatari LNGC to test supply resumption. The Q-flex LNGC loaded the cargo at Qatar’s Ras Laffan, igniting the discussions over supply resumption through the Strait of Horm…
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