Capesize The Singapore holiday mid-week disrupted trading and unsettled the market, with owners losing some resilience. The market took on a late summer feel with a nearby over supply of tonnage, but many considered the ground lost would be regained. A…
Dry Bulk Market: Rates Retreat on Oversupply of Tonnage on Offer Read More »
33 new LNG ships have been ordered so far this year, compared to 19 in the whole of 2017 and just six in 2016. Owners have been tempted by higher spot/short-term charter rates, still-low newbuilding prices and rapidly growing LNG trade. New LNG supply …
LNG ship orders pour in: Is it too little too late, or too much too soon? Read More »
Three of the marine sector’s major technology companies, WinGD, Wärtsilä and GTT, have agreed to collaborate in making the use of LNG (liquified natural gas) fuel a truly viable option for ship owners and operators. By combining their expertise and exp…
Industry frontrunners to collaborate in making ‘green’ propulsion a reality Read More »
ABS is pleased to confirm a world first – the successful conversion of a slow-speed marine diesel engine to operate on Ethane as a fuel. Navigator Gas, in partnership with Charterer Borealis, engine manufacturer MAN Energy Solutions, cargo system…
ABS-Classed Navigator Aurora in World First Ethane Fuel Conversion Read More »
The challenges introduced by the global sulphur cap are not exclusively technical. The new limits are likely to impact contracts and charterparties. Forward planning now could help to avoid painful disputes in the future. Time charterparties will requi…
Impact on Charterparties – Time to Act Now Read More »