Inflation is key to understanding ‘paradoxical’ VLCC asset values, says shipbroker Gibson
Conventional wisdom suggests secondhand market should be overheating, but this may not be the case, UK shop argues
Cyan Renewables brings in Hyundai Asset Management to invest in newbuildings
Singapore offshore wind farm vessel company teams with asset manager on growing South Korean business
UK’s Parliament Probes Russian Oil Exploration in Antarctica
As part of its ongoing examination of the UK’s interests in Antarctica, the House of Commons’ Environmental Audit Committee (EAC)…
Australia to Phase Out All Live Export Within Four Years
The government of Australia plans to say farewell to the continent’s dwindling live export trade, and will introduce legislation to…
China May Be Starting Work on Another Artificial Island in S. China Sea
The government of the Philippines is dispatching a coast guard cutter to investigate suspected Chinese island-building activity at Sabina Shoal,…
Quality of Service
“We have about 450 ships under various forms of management now,” says President & CEO Mark O’Neil in a recent…
U.S. Air Force Carries Out Two Ultra-Long-Range Medevacs in Two Weeks
Over the last two weeks, the U.S. Air Force’s pararescue division carried out two long-distance medevacs to save cruise ship…
FMC clarifies language around ocean carrier-drayage provider billing
Two weeks before new rules around detention and demurrage billing go into effect, the US Federal Maritime Commission has told…
Independent refiners likely to cut May fuel oil imports amid low margins
China’s independent refiners are likely to cut their fuel oil imports in May amid weak cracking margins and higher import…
Canada at last stages of starting major shipments of gas, LPG to Asia
The first export cargo from Canada is destined to set sail early 2025 from Kitimat in British Columbia along the…