Once considered a niche market for “bold” ship owners to invest into, nowadays, LPG shipping is almost mainstream and yielding quite good results. In a recent monthly analysis, shipbroker Banchero Costa said that “spot charter rates for VLGC gas carrie…
Once a Niche Segment, LPG Carrier Market is Now A Boon for Ship Owners Read More »
The World Economic Forum, the Global Maritime Forum and Friends of Ocean Action today launch the Getting to Zero Coalition at the United Nations Climate Action Summit, with the goal of decarbonizing the international maritime shipping sector by 2030. T…
New Coalition Aims to Make Zero-Emissions Shipping Plain Sailing Read More »
Following approval by BIMCO’s Documentary Committee in May this year, the new contract has been developed to provide a clearly worded agreement with a fair allocation of risks and responsibilities when dismantling offshore structures. “DISMANTLECON is …
Industry’s First Decommissioning Contract Now Available From BIMCO Read More »
With big changes coming in the refinery landscape in the future, ship owners active in the clean tanker market, stand to benefit from longer ton-mile demand. In its latest weekly report, shipbroker Gibson said that “over the next 5 years, the global re…
Long-Term Outlook Positive for Product Tankers Read More »
Recently Clarksons Research published the executive summary from their forthcoming semi-annual report ‘Shipping Review & Outlook’, which will be soon be available on the Shipping Intelligence Network. Introducing the summary, Steve Gordon, Managing…