VLCC owners hit by ‘significant’ decline as spot rates sink to lowest level this year
Brokers and analysts note reduced demand and increased competition for cargoes
Marine and Environmental News Aggregator
Brokers and analysts note reduced demand and increased competition for cargoes
Italian shipbuilder pays tribute to distinguished former general
Company has been linked to up to 10 sales since October
The longer transits around southern Africa, port congestion at key hubs in Asia and unseasonally strong demand have absorbed all…
The Russian Crab Group of Companies recently took delivery of a new crab fishing vessel built locally by Onega Shipbuilding…
Last week saw Noble Corporation cement its place as the great consolidator in the offshore drilling industry recovery. Seven days…
The waters of the Indian Ocean lap on the shores of Western Australia all the way across to Africa. But…
Annual casualty figures from international dry cargo shipping association Intercargo highlight continuing improvement in the safety performance of the sector.…