Diamond S Shipping and Capital Product Partners have announced the merger of their product and crude tanker fleets. The new Diamond S Shipping Inc. fleet will contain 68 vessels, made up of 43 tankers from Diamond S Shipping and 25 from Capital Product…
The ships’ demolition market picked up this past week. However, according to various market reports, both from shipbrokers and cash buyers, the primary focus hasn’t been for tankers or bulkers, but for secondary market units. As a result, further press…
Demolition Activity Non-Existent for Bulkers or Tankers Read More »
Just a few days before the landmark International Maritime Organization (IMO) London conference, the chances of an agreement to control shipping’s greenhouse gas (GHG) emissions looked unlikely. But then, ironically on Friday 13 April, the members of t…
MRV and DCS: On track for greener shipping Read More »
During the Assises de la Mer maritime conference, Groupe Renault announced the signing of a 3-year partnership with Nantes start-up NEOLINE to develop a more sustainable maritime transport service powered by wind, and to contribute to the environmental…
Groupe Renault partners with NEOLINE, designer and operator of cargo sailing ships Read More »
A resurgence is quietly underway in the crude tanker market, as a number of plays are helping alleviate oversupply issues. In its latest weekly report, shipbroker Banchero Costa noted that “in October, Chinese crude oil imports reached a new reco…