The supertanker business has a reputation for being one of the most volatile freight markets in the world. It’s living up to its reputation again. “Supertankers stole the sho… Read More

The signals have been flashing curiously green in container shipping of late. Spot rates are up. Charter rates and durations are up. Secondhand ship sales are brisk and asset prices are ris… Read More

Zim, the world’s 10th-largest ocean carrier, announced a big earnings beat for the fourth quarter and paid out a higher-than-expected dividend. However, it faces a tough year ahead, w… Read More

Edda Wind ASA has ordered an additional four wind farm support vessels at Vard at a cost of EUR 63 million apiece. Headquartered in Norway, Edda Wind is the leading pure-play provider of Ser… Read More

Take a fleet of tankers, add a high-stakes merger plan, mix in a big personality or two and season with founding-family pride. It’s a time-honored recipe for the kind of messy busines… Read More

Container shipping lines reaped massive windfalls during the COVID-era consumer boom. Different ocean carriers pursued different fleet strategies in 2020-22, from aggressively maximizing… Read More

Shipping rates are collapsing. A massive wave of new vessels will hit the water next year. Consumer demand will be battered by a global recession. Ergo, the ocean carrier industry is doomed… Read More

If you believe decarbonization will ultimately happen and the world will transition away from oil in the coming decades, how will that play out for crude tankers? In one scenario, tankers… Read More

Singapore based owners are set to take delivery of the highest number of vessels on record yet by the end of 2018. The previous record was in 2008 at the peak of the asset value spike. A lar… Read More

The International Maritime Organization (IMO) has released guidance for cases when COVID-19 results in unforeseen delays in the delivery of newbuild bulk carriers and oil tankers originally… Read More

US Gas Deliveries for Export Down 60% Since March: EIAAfter reaching a record 9.8bn ft3/day in March, US natural gas deliveries to export facilities fell to less than 4bn ft3/day in June, th… Read More

ABB’s advanced power systems chosen for the first self-elevating wind turbine installation vessel built in Japan will support nation’s fast-expanding offshore wind sector The 28… Read More

Teekay LNG Partners is on the growth path. Six LNG carrier newbuildings to be built in partnership with our new joint venture partner, China LNG Shipping (CLNG), for the Yamal LNG Project in… Read More

At the start of the new gas year on October 1,  market signals from Asia and Europe suggest that after some false starts, this winter will see US LNG arriving in northwest Europe in som… Read More

The past couple of months have seen discussions about the rebalancing of the oil markets, only surpassed by discussions on the short-term effects of Hurricanes Harvey and Irma on the tanker… Read More