AET, one of the leading petroleum tanker owners and operators, has a long tradition of naming its vessels after some of the greatest energy locales, cities or ports in the world. Their latest two dynamic positioning shuttle tankers (DPSTs) will join th…
Green technologies enhance efficiency of shuttle tankers Read More »
The effects from the Coronavirus have started to have a negative impact on a number of shipping-related industries and markets, from the dry bulk market, to the tanker and from ship-repair businesses in China, to crew-training schools in the Philippine…
Effects on Shipping from the Coronavirus Effect Far and Wide Read More »
The outbreak of the novel coronavirus, recently dubbed COVID-19, continues to generate massive economic and financial uncertainty when it comes to China and global shipping. Two weeks ago, we argued that – from an economic perspective – when Chin…
Global shipping holds its breath as the coronavirus continues to spread Read More »
Global economies were already not at their healthiest when Covid-19 arrived to shut down cities, curb trade and restrict travel. Now, economic warnings from around the world are being issued making the 2020 outlook rather bleak. Consequently, those rel…
Economies face extreme headwinds Read More »
The shipping industry is in front of a monumental shift in its way of doing business, as the risk assessment tools of the past no longer apply, when it comes to making informed investment decisions. In its latest weekly report, shipbroker Allied said t…
Shipping Needs to Change its Business Model to Survive Future Crises Read More »