Baltic Index Falls To One-Month Low As Larger Vessel Rates Dip
The Baltic Exchange’s main sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to a one-month…
Ship Recycling Market Entering a New Era
With the Hong Kong Convention entering into force, the global ship recycling industry is officially entering a new era. In…
KNOT Offshore strikes deals to buy shuttle tanker and sell another with a leaseback
New York-listed shipowner also launches share buyback
Offshore Power Agreements Delayed Citing Uncertainties in US Policy
For the fourth time in a year, power purchase agreements that were due to be signed for offshore wind farms…
Clarksons Research: Demolition to Increase Going Forward, as Fleet Supply Growth Remains Below Overall Trend
Clarksons Research have today released their mid-year review of shipping markets. With shipping often at the “frontline” of uncertain geo-political…