When it comes to choosing the best fuel on the near horizon to help the international shipping industry shrink its carbon intensity by 2050, DNV GL is not shy in coming forward in its support of liquefied natural gas (LNG). Speaking to Baltic Briefing,…
Solid backing for LNG as a marine fuel Read More »
The effects of the outbreak of the Coronavirus appear to have also hit the ships’ demolition market. In its latest weekly report, shipbroker Clarkskon Platou Hellas commented that “we have witnessed a mixed week for the ship recycling industry, b…
Demolition Market Struck by the Coronavirus Read More »
Demand and Route Analysis Observing ton miles for the Capesize fleet, data shows that whilst demand has dropped, it’s not as low as what we have observed in the past 12 months. The 12-month low, related to last year’s Brazilian dam collapse, occurred o…
Capesize Market Looking Bad but has Potential for Bounce Back Read More »
Shipyards are facing disruption to newbuilding, repair and conversion projects due to the impact of the virus on their labour force and the ability of their subcontractors to meet their commitments to supply materials and equipment necessary for the co…
COVID-19 And Its Consequences On Shipbuilding Contracts Read More »
Values for older VLCC and Aframax tonnage, as well as for Panamax bulkers have taken a downturn over the course of the past week. In a note this week, ships’ valuations expert, VesselsValue said that in the tanker segment, “older VLCC and Aframax…
Ships’ Values Retreating Read More »