Texas-based offshore drilling contractor Vantage Drilling International reported a net loss of $52.2 million for the three months ended December 31, 2018 as compared to a net loss of $36.6 million for the three months ended December 31, 2017.For the y…
Vantage Drilling Sinks Into the Red Read More »
Global dry bulk net fleet growth in 2018 was largely unchanged at 2.9% year on year due to reduced newbuilding deliveries and much reduced scrapping because of the improved freight market, said a report by Pacific Basin Shipping.The provider of interna…
Dry Bulk Fleet Growth Stable Read More »
The global Shipping Software market is valued at 1160 million in 2018 and is expected to reach 1880 million by the end of 2024, growing at a CAGR of 8.3% between 2019 and 2024.The shipping software market stands tall as one of the most proactive indust…
Shipping Software Market to Reach USD1.9Bln by 2024 Read More »
IHS Markit has announced that its energy price-reporting arm, Oil Price Information Service (OPIS), has signed a strategic agreement for an end-to-end LNG trading solution with GLX, an online platform to transact physical LNG cargoes.OPIS, an…
OPIS, GLX Roll-out LNG Trading Indices Read More »
The ship classification society, Indian Register of Shipping (IRClass) has secured a five-year contract from India’s largest shipping company, The Shipping Corporation of India (SCI) – to undertake Emergency Response Service (ERS) for 33 vessels.The……
IRClass Wins SCI Contract for 33 Vessels Read More »