The industrial services provider Bilfinger is conquering new markets thanks to its scrubber technology. In the past weeks alone, the group secured contracts from several Greek maritime shipping companies to fit out at least 42 vessels with so-called ‘s…
Scrubber Technology: Bilfinger Secures Orders Worth Millions from Maritime Shippers Read More »
The overall value of bulk carriers on the water remains higher than the global Tanker fleet. However, the amount of money being invested in new Tankers outweighs the interest being reported in the dry segment. The breakdown in new orders for the Tanker…
Tankers Orders Take Top Spot Read More »
A shift of tectonic proportions could be underway in crude and LNG trading, bringing equally big shifts in ton-mile demand for tankers. In its latest weekly report, Allied Shipbroking said that “with the “Trade war” tensions between the US and China st…
Tanker Market Faces Further Headwinds As Trade War is in Full Swing Read More »
West African crude supply has faced recent pressure due to aging oil fields in both Nigeria and Angola as well as pipeline constraints in the former; however, pressure is likely to be relieved in the second half of 2018 and moving into 2019. According …
The Rise And Fall Of West African Crude Read More »
As with newbuilding orders, ships’ demolition activity has also slowed down considerably over the course of the past few weeks. In its latest weekly note, Clarkson Platou Hellas said that “last week was distinctly quiet as the shortage of tonnage…
Demolition Activity Still Lacking Momentum Read More »