Scrapyards are shutting down as a result of the spreading of COVID-19, bringing demolition activity to an inevitable halt. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “we are certainly experiencing challenging times, someth…
Demolition Activity Grounds to a Halt Read More »
Development of mega LNG liquefaction projects continues to suffer in a coronavirus (COVID-19)-impacted market with low demand, historically low LNG prices and an oil price war on the sidelines. The LNG market started 2020 with record low spot LNG price…
Coronavirus to create new “normal” in LNG shipping Read More »
In Wilhelmsen Ship Management, the safety, security and well-being of our crew & employees is of the utmost importance so that we deliver uninterrupted operability of our fleet in management. In light of the evolving COVID-19 situation, we did some…
Ship management during COVID-19 pandemic Read More »
Risk mitigation and damage limitation appear to be the least that tanker ship owners need to undertake in order to stay afloat. In its latest weekly report, shipbroker Gibson said that “in one of the most uncertain peacetime periods ever witnessed, try…
Tanker Owners Need to Take it One Step at a Time Read More »
Capesize As Covid-19 continued to ratchet up tensions across the globe, the Cape market dealt with the change to remote working. Most regions of the world are now under no illusions as to the severity of this crisis and are acting to mitigate amongst t…
Capesize Market: Uncertainty All Around As Coronavirus Takes Center Stage Read More »