The tanker market had an eventful quarter, with VLCCs in particular taking full advantage of the trade war aftermath. In its latest weekly report, shipbroker Intermodal noted that “pacing towards the end of the year there are much to discuss on how the…
Tanker Market Closing in On New Decade with Much to Look Forward to Read More »
SEA\LNG has released the results of its third investment study, which underlines liquefied natural gas (LNG) as a compelling investment solution for Very Large Crude Carriers (VLCCs) on the Arabian Gulf to China trade route. Conducted by independent si…
LNG Proves Compelling For VLCCs Read More »
Even if it’s been long overdue, finally the ships’ demolition market picked up over the course of the past couple of weeks. In its latest weekly report, GMS, the world’s leading cash buyer said that “the final month of the year has pr…
Demolition Market Picks Up at Last Read More »
Shipping industry facing the realities The first of January is fast approaching and with that comes the implementation of the long-awaited IMO sulphur shipping regulations, which will see the global shipping fleet having to move from burning fuel oil w…
Shipping to face the sulphur shakeup Read More »
October was the first month in which the US exported more crude oil by sea than it imported, with exports reaching a new record of 12.95 million tonnes. Imports on the other hand, have fallen since the start of the year and totalled 11.1 million tonnes…