Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), reported its financial results for the three months ended September 30, 2018. Highlights for the Second Quarter Fiscal Year 2019 Revenues of $40.8 mi…
Hadjipateras: VLGC Market in Balance as Demand Improves Read More »
Over the past few days, there has been a resurgence of tanker ordering activity. In its latest weekly note, shipbroker Allied Shipbroking said that it was “a fairly interesting week overall for the newbuilding market, given the firm flow of fresh order…
Newbuilding Ordering Picks Up as Shipowners Are Turning to the Tanker Segment Once More Read More »
In 1997, the International Maritime Organisation (“IMO”) adopted Annex VI to the International Convention for Prevention of Pollution from Ships (“MARPOL Convention”) in order to tackle the air pollution caused by shipping. On 1 July 2010, a revised An…
The 2020 Global Sulphur cap Read More »
Leading Greek shipping industry stakeholders joined ABS for a workshop on drafting 2020 sulfur limit Ship Implementation Plans (SIP). Intended to help shipping companies and crew ready their vessels for compliance with the required sulfur content limit…
ABS Aids Greek Ship Operators in Meeting 2020 Global Sulfur Limit Challenges Read More »
As the winter season in the northern hemisphere draws nearer, things are beginning to heat up in the tanker markets as well. In its latest weekly report, shipbroker Charles R. Weber said that “the VLCC market saw rates remain range bound at elevated le…
Demand Keeps Momentum in the VLCC market Read More »