Things are improving for Offshore Vessels Owners as market conditions are gradually improving. In a recent weekly report, shipbroker Intermodal said that “as we have already stated in previous insights, we had expected that the recovery on rates and ac…
Offshore Support Vessel Market Looking for Further Gains Read More »
Emad Talhah is a Chief Harbor Pilot and Mooring Master at Saudi Aramco. He is based in Ras Tanura. 6:45: Pilot Boarding Area Next to our tiny craft, the supertanker looms like a skyscraper rising from the deep. Mini-metropolis may be more like it: stre…
Prices for new and second hand shipping containers as well as lease rates fell in 3Q19 as factory stocks continued to build up and prospects for container shipping cooled. Container shipping remains challenged by rising geopolitical uncertainty and a s…
Shipping container prices tumble on inventory glut Read More »
With IMO 2020 now just a couple of months away, it’s worth taking a look at alternatives towards compliance, such as LNG fuel. In its latest weekly report, shipbroker Gibson said that “back in May we discussed the IMO’s plan to reduce CO2 emissions by …
The Case for LNG as a Shipping Fuel Read More »
Capesize The end of the week brought about a small increase in sentiment heading into a long weekend for some regions. After sustaining a drop in value for the first part of the week, the 5TC now appears to have turned its fortunes around to settle the…
Dry Bulk Market: Capesizes On Rebound Mode Read More »