The demise of the dry bulk market has been more than evident over the course of the past few months, with a series of events worsening the market’s fundamentals. As such, a sustainable recovery will take some time. In its latest weekly report, sh…
Dry Bulk Market: Uncertainty The Biggest Concern Hindering a Rebound Read More »
Qatar Petroleum has invited tenders for the construction of more than 100 LNG ships. These ships are required to meet the ship requirements associated with the expansion of the Qatargas LNG liquefaction project and the Golden Pass LNG project in the US…
LNG rides a new wave with Qatar’s prospective LNG ship orders Read More »
In an important decision, which will be of interest across the maritime sector, the English High Court has clarified the scope of a typical time charterparty capture/seizure/arrest clause in the context of ship piracy, and of a specific rider clause ad…
Pirate Ship Hijackings – Who Pays for the Delay? Read More »
The demolition market should be speeding up, instead of slowing down, as has been the case over the past couple of weeks, with demand slowing down and supply rising in most shipping markets. In its latest weekly report, shipbroker Clarkson Platou Hella…
Ships’ Recycling Activity Slow, In a Time When it Should be Speeding Up Read More »
Speed reduction of up to -30% will lead to net cost savings for shipping industry and states in the majority of cases. The highest savings are to be achieved especially when fuel prices are high and shipowners’ earnings are low, including on long…