Great moments in naval architecture & marine engineeringThe world’s largest construction vessel, Pioneering Spirit, commenced offshore operations in August 2016. The 382m-long and 124m-wide ship was built primarily at DSME’s Okpo Shipyard in South Kor…
Standout contract for modern vessel and funds in the bag for latest second-hand purchases.
Fresh charters and finance in busy quarter for Costamare Read More »
The need to alleviate tonnage oversupply is still a major concern among ship owners. However, over the past few weeks, sales of older ships for scrap haven’t been exactly booming. In its latest weekly report, shipbroker Clarkson Platou Hellas com…
Scrapping of Older Ships Still Lagging Despite Urgent Need for More Decomissionings Read More »
Choosing the best option to comply with the sulphur cap will be a gamble. The economic success of a shipowner’s choice depends heavily on future fuel prices in 2020 and beyond. If the price difference between high sulphur residual fuels and 0.5%S disti…
EGCS: Do They Scrub Up Well? Read More »
Firm freight outlook coupled with attractive valuation make small LPG coasters an attractive buy at the moment. LPG shipping has been marred by an oversupply of vessels, with the Drewry LPG TCE index near its five year low. However, small LPG Coasters …
Now is a good time to buy LPG coasters Read More »