For the first time since January 2016, the VV value of a resale VLCC has gone above $100m ($101.36m as of GMT 0936 1st Nov 2019). The last time we saw these levels was between May 2014 –and Oct 2015. Before this it was during the super cycle of 2007/20…
Resale VLCCs Break $100m for First Time in 3 Years Read More »
Demand in the S&P market was mainly focused around product tankers over the past week. In its latest weekly report, shipbroker Banchero Costa noted that it was “a fairly active week with a clear focus on the product tanker segment. As usual we star…
Product Tankers In Demand Read More »
Carbon dioxide emissions from 17 of the world’s leading ocean container carriers, representing approximately 80 percent of global containerized shipping, continued to fall in 2018, according to a new report from BSR’s Clean CargoTM. Since 2015, CO2 emi…
New Data Shows 9.6 Percent Reduction in CO2 Emissions from Container Shipping since 2015 Read More »
Senior leaders foresee environmental and climate related issues to have a major impact on the maritime industry in the coming decade. This is a key finding of the Global Maritime Issues Monitor 2019, published today by the Global Maritime Forum; Marsh …
Things are improving for Offshore Vessels Owners as market conditions are gradually improving. In a recent weekly report, shipbroker Intermodal said that “as we have already stated in previous insights, we had expected that the recovery on rates and ac…
Offshore Support Vessel Market Looking for Further Gains Read More »