“It’s all about doing things faster and more efficiently, but still doing them well,” says Stener Olav Stenersen, Head of Services at the DNV GL Maritime Operational Centre in Høvik. Sending a surveyor to a vessel site costs time and money, and waiting…
Perfect combination Read More »
The demolition market has remained on a downward path this week, with recyclers offers declining and ship owners refraining from more deals. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the mood in the market slipped furthe…
Ship Recycling Market on Further Downward Slump Read More »
Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), yesterday reported its financial results for the three months ended June 30, 2019. Highlights for the First Quarter Fiscal Year 2020 • Revenues of $6…
Dorian LPG: “Older VLGC Tonnage to Exit the Market, On High Cost of Retrofitting” Read More »
Known as the “humble heroes” of globalization, containers are handled in hundreds of millions at container ports worldwide annually. Efficient and well-connected container ports enabled by frequent and regular shipping services are key to minimizing tr…
Container ports: the fastest, the busiest, and the best connected Read More »
Despite the expected summer lull, newbuilding ordering activity picked up over the course of the past week. In its latest weekly report, shipbroker Allied Shipbroking said that “rather surprisingly, we saw a considerable boost in the volume of new orde…
Sudden Pick Up in Newbuilding Orders Read More »