High prices and low rates haven’t been able to deter owners from booking more newbuilding orders. In its latest weekly report, shipbroker Allied said that “the market remains in a similar state to that seen over recent weeks, with a shift in contractin…
High Newbuilding Prices Not a Deterrent Factor for Shipowners Read More »
Global liquefied natural gas (LNG) import capacity is set to expand by 16%, or 23 billion cubic feet per day (Bcf/d), by the end of 2024 compared with 2022. Our estimate is based on trade press and data by the International Group of Liquefied Natural G…
Three countries began importing liquefied natural gas this year, and more will follow Read More »
Northwest Europe HSFO availability in Rotterdam and in the wider ARA hub has improved, sources say. However, securing the grade for very prompt delivery dates (0-2 days) remains difficult. Lead times of 5-6 days are recommended for the grade, slightly …
Europe & Africa Fuel Availability Outlook 30 Aug 2023 Read More »
The ship recycling market is still facing complications. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “as India celebrates the ‘Chandrayaan-3’ mission to the Moon, making space history being the first nation to land at the M…
Complications Still Hampering the Indian sub-continent Ship Recycling Markets Read More »
The Covid-19 pandemic and ensuing crew-change crisis – later exacerbated by the escalation of the war in Ukraine – disrupted supply chains and had a significant impact on crew welfare, leaving seafarers stranded at sea for months at a time facing acute…
Evolving crew challenges call for enhanced focus on seafarer mental health Read More »