We all know shipbuilding is one of the toughest businesses around but just how tough was 2018? Well it seems the answer depends on which unit of measurement you use! Using DWT, ordering fell 14% to 77m dwt while using CGT, a better reflection of the wo…
2018 Shipbuilding Review: Mind The Unit! Read More »
The new study, to be launched on 29 January (see below for registration details), is the latest in LR’s Low Carbon Pathways 2050 Series. This series of reports produced in collaboration with industry partners Shipping in Changing Climates (SCC) and Uni…
Making shipping a zero-carbon industry: How do we turn ambition into reality? Read More »
Life is hectic, and sometimes it gets even busier than that, but for the mariner there are pressures from all quarters. Paperwork is a big draw on the time of most deck officers and getting the pages of compliance, port requirements, cargo and fuel doc…
Fuel Efficiency “Fixed” Read More »
The tanker market ended 2018 on a soft note, as overall sentiment retreated, OPEC said in its latest monthly report. Following gains in the tanker market registered in November, a softer sentiment was witnessed in December with average dirty tanker spo…
Tanker Market Softens in December Read More »
Looking Back 2018 saw a sea-change in attitudes and actions towards Liquefied Natural Gas (LNG) as a marine fuel. By March, of the 94 cruise ships on the global order-book, 18 under construction were LNG-powered. This represented 20% of all newbuilding…