Ship owners keep focusing on new fuel technologies, when it comes to newbuilding orders, with ammonia being among the preferred options at this stage. In its latest weekly report, shipbroker Allied Shipbroking said that “as the first month of 2024 conc…
Ammonia/LPG Carriers Remain Newbuilding Favorites Read More »
A lack of tonnage and sluggish activity throughout, has continued to be the norm in the ship recycling market over the past week, although there has been a slight shift of momentum in some markets. In its latest weekly report, Best Oasis (www.best-oasi…
Ship Recycling Market Still Plagued By Lack of Available Tonnage Read More »
The LNG shipping market could be headed towards a softer era, in terms of the level of freight rates, as supply dynamics are expected to make an impact. In its latest weekly report, shipbroker Intermodal said that “the Biden administration’s deci…
LNG Shipping Rates Could Soften in the Years to Come Read More »
In the ever-changing seas of the marine insurance industry, foresight and preparedness are the beacons that guide a ship through uncharted waters. Marine insurance, particularly Protection and Indemnity (P&I) clubs, is at a crossroads, facing chall…
The Evolving Role of P&I Clubs: Stability vs. Competition Read More »
The tanker market could be impacted by Venezuela’s oil supply moving forward. In its latest weekly report, shipbroker Gibson said that “despite a partial lifting of sanctions against Venezuela in October last year, the US is now set to reimpose sanctio…
Tanker Market and Venezuela’s Oil Read More »