The freight market for S/R (Handysize) vessels will remain under pressure throughout 2018 on account of strong fleet growth and weak olefin trade, according to the latest edition of the LPG Forecaster published by global shipping consultancy Drewry. Th…
Olefin trade not helping LPG shipowners Read More »
Tankers are being bought left and right as prices are becoming more attractive. In its latest weekly report, shipbroker Intermodal said that “in the last six months we have seen more than 110 reported tanker transactions involving tonnage larger than 3…
Ship owners snap up tankers Read More »
A truck loading station in Revithoussa LNG terminal, at least three new LNG-powered vessels, one LNG barge based in Piraeus port and one LNG marine installation in Western Greece will be in operation as of 2020. This is one of the key highlights expres…
LNG for shipping makes headway through Poseidon Med II Read More »
The Bomin Group, a leading global physical supplier and trader of marine fuels, yesterday announced that it is now delivering Ultra-Low Sulphur Fuel Oil (ULSFO) to vessels calling in the Amsterdam-Rotterdam-Antwerp region (ARA). The ULSFO product is 0….
Bomin Launches 2020-Compliant ULSFO in ARA Read More »
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 »