Sembcorp Marine has won its biggest green technology retrofits contract to date, awarded by Maran Tankers for the installation of marine scrubbers and ballast water management systems on 13 of the Greek owner’s vessels. Under the contract, four suezmax…
The issue of tonnage oversupply is still not dealt with adequately, especially in segments like tankers. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the markets from Bangladesh and Pakistan appear to have taken some time t…
Demolition Market Still Not Quite Active Read More »
It seems that ship owners are still finding their footing after the lull of the summer period, with very few of them dipping their toes in the newbuilding market. In its latest weekly report, Allied Shipbroking said that “a fairly quiet week was to be …
Post-Summer “Blues” for the Newbuilding Market Read More »
A few rays of hope can be found in the upcoming prospects of the tanker market, such as the positive impact of the coming 2020 low-sulphur marine fuel rule, which is expected to create new and lucrative trade routes. However, overall, long-term tanker …
The trade war is a new reality with which the shipping industry will just have to live with as it seems. However it can also create opportunities, or not, depending on the shipping segment. In its latest weekly report, the London-based shipbroker Gibso…
Is NAFTA a “Good Deal” for Tanker Owners as Well? Read More »