Ships’ decommissioning and sold for scrap in East Asia’s scrapyards are expected to slow down over the next month or so, on religious holidays. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “with the holy mon…
Demolition Market Expected to Slow Down on Ramadan Read More »
ABS completed an in-depth techno-economic evaluation commissioned by Dorian LPG, evaluating compliance options for impending global sulfur cap requirements. Dorian LPG owns and operates a fleet of very large gas carriers (VLGCs), transporting liquefied…
ABS Evaluation Demonstrates Feasibility of LPG as Fuel Strategy for Dorian LPG Read More »
Shipowners’ appetite for newbuildings seems to be on the rise as we head into the summer. In its latest weekly report, shipbroker Allied Shipbroking noted that “this week may well have shown a slight drop in the volume of activity noted, against …
Ship owners want more newbuildings Read More »
The tanker market has been facing the doldrums for quite some time now. But if one could attempt to find a silver lining in the market since the start of 2018, this would be the Aframax segment in the North Sea. In its latest weekly report, shipbroker …
Aframaxes in the North Sea the Silver Lining of the Tanker Market Read More »
With the geopolitical side of the oil markets taking over, the tanker freight market is looking for more signs of a sustained recovery. In its latest weekly report, shipbroker Affinity Research said that “this week has been off to a good start, as we a…
Tanker Market Looking For More Upside Momentum This Week Read More »