VLCC spot rates shed the ‘doom and gloom’ as shipowners help each other out
Big tanker owners enjoy upturn after charterers fell over themselves chasing tonnage
New Chinese operator steps into transpacific trade under US regulator’s watchful eye
Hede Shipping builds up service after being named ‘controlled carrier’
European Public Prosecutor’s Office to investigate Cyprus FSRU-based LNG project
EU demands cash back as contractors walk, but what is the future of the regas vessel?
Capesize bulker rates sink to four-month low as fixing activity slows
There has been some enquiry from Pacific miners for loading dates in early August
Bahri sees profit soar on positive VLCC and chemical tanker markets
Company attributes results to rise in global shipping rates
Blacklisted oil tanker charts Kremlin’s Arctic path to China
Voyage with Urals cargo to Zhoushan is the first made by tanker since it was targeted by US regulators
Maritime court refuses to block Mexico over $96m dispute
Luxembourg sought ruling that Mexico could not attempt to collect fine after dredger seizure in 2023
Seatrium stock surges on $1.1bn loan and promise of return to profit
BG facility will be used for business growth
OSG looks to ‘new playing field of opportunities’ for cargoes of the future in Jones Act niche
OSG platform could have a leg up in moving hydrogen, methanol, carbon or ammonia
One Knot at a Time
Seals are important for the role they play in containing pressure and eliminating leakage and contamination. Bearings reduce friction and…