News
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Methanol’s moment?
The panel stressed the need for pragmatism and transitionary solutions on the path to decarbonisation 27 Jul 2023by Edwin Lampert…
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Newbuildings: Tankers and Bulkers the Main Targets
Ship owners have kept ordering newbuildings, with bulkers and tankers the main targets. In its latest weekly report, shipbroker Allied…
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Contracting Of Product Tankers Jump 337% In The First Half Of 2023
The product tanker orderbook to fleet ratio has surged from 5.4% in December 2022 to 9.3% in June 2023, driven…
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July’s Spikes In The Number Of Ballasters With Rates Dropping Throughout The Month
The last days of July are still quiet, with a weaker sentiment of freight rates in all size classes, while…
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EU Council adopts FuelEU Maritime initiative into law
The EU’s protracted debate over building regulations to cover ship fuels and their resultant emissions both within and outside of…
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NYK Group to trial wind assisted propulsion aboard bulk carrier
The eConowind Ventofoil will be installed on a NYK Group bulker NYK Bulkship, an NYK Group company, will introduce a…
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Old Ships Remain in Service as Demo Candidates Few and Far Apart
The ship recycling market has seen limited activity for a number of weeks, as more and more old ships remain…
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Greek Ship Owners Turn to Bulkers
Major Greek ship owners have turned their sights towards bulkers, making big moves of late. In its latest weekly report,…
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Four New Methanol-Ready Vessels to be Built to ABS Class for Algoma
Order for Two Product Tankers from Algoma Follows Order for Two Methanol-Ready Bulk Carriers (HOUSTON) Algoma Central Corporation (Algoma) has…
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ABS study looks at nuclear option for oceangoing vessels
Concept design showing the arrangement of nuclear reactor and supporting equipment (source: ABS) 25 Jul 2023by Riviera News Modelling…
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