Saudi Arabia has announced a temporary halt on oil shipments via Bab el-Maneb with immediate effect after reports of two tankers attacked by Yemen’s Houthi militia surfaced mid-week. It’s been reported that the two vessels were owned by Bahri (Saudi Na…
Conflict Shakes Middle East Exports Read More »
With its latest orders for next-generation LNG carriers and FSRUs, the BW Group has again demonstrated its flexibility in adapting to a changing market environment. The newbuilding orders reflect a continuous search for efficiency gains whilst maintain…
Flexibility for Changing Markets Read More »
The tanker market could be on the verge of receiving some relief in the coming weeks. In its latest weekly report, shipbroker Allied Shipbroking said that “despite the fact that the tanker market still seems to be in the midst of a perfect storm, there…
Tankers Could be in for some Respite Soon Read More »
Blockchain technology and governance experts Blockchain Labs for Open Collaboration (BLOC) announced, through its subsidiary Maritime Blockchain Labs (MBL), the establishment of a consortium to address traceability and transparency in the marine fuel s…
Liberia is the fastest growing major open registry in 2018 in both the shipping and offshore sectors, according to leading shipping services provider Clarksons in its Clarksons World Fleet Monitor June 2018. Alfonso Castillero, CCO of the Liberian Inte…
Liberia the fastest growing flag in shipping and offshore Read More »