“By the end of the first quarter of 2026, the global shipping order book hit a 17-year high, reaching 191m Compensated Gross Tonnes (CGT). This is equivalent to 17% of the global fleet, the highest ratio since 2011. The order book has been boosted…
Tanker Vessel Futures Fly High on Demand Read More »
Industry group Bimco says orderbook stands at 191m compensated gross tonnes
Record tanker spree pushes newbuilding orderbook to 15-year high Read More »
Fugro will conduct a UXO survey at the Morecambe Bay area this month, ahead […]
The post Fugro to check for UXO ahead of geotechnical survey at Morecambe OWF site appeared first on Offshore Energy.
Fugro to check for UXO ahead of geotechnical survey at Morecambe OWF site Read More »
Shippers on Wednesday said they needed more clarity on the terms of the U.S.-Iran ceasefire before resuming transit through the Strait of Hormuz, as Iran said the waterway remained closed to vessels sailing without a permit.The six‑week conflict…
Shippers Cautious on Hormuz Passage, Seek Clarifications Read More »
Iranian U-turn on tanker exits places new deals in doubt
VLCC deal at big rate collapses in the Gulf as charterers scramble for prompt loadings Read More »