Newbuilding Orders Focus on LNG, LPG and Tanker Markets

By |2020-01-22T03:43:42+02:00January 22nd, 2020|News|

Ship owners have shown an appetite for newbuildings in the energy segment, with tankers, LPGs and LNGs taking center-stage. By contrast, demand for dry bulk carriers has taken a back seat since the start of 2020, with market sentiment particularly weak at the moment. In its latest weekly report, shipbroker Banchero Costa said that

Eight nations back EU naval patrol in Strait of Hormuz

By |2020-01-22T03:12:02+02:00January 21st, 2020|News, Safety|

Ensuring the free flow of commercial shipping France, Germany and six other EU nations have signed up in support of a naval initiative that is aimed at preventing further escalation of tensions in the Strait of Hormuz and ensuring the free flow of commercial shipping through the crucial trading lane. France’s Ministry for

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