ICS report sees need for many more hydrogen carriers
Hydrogen is widely seen as key to meeting global decarbonization ambitions and a large fleet of specialist hydrogen carrier vessels will be needed to meet projected world demand. To meet a global
Markets
Saltchuk makes a new offer for OSG
Privately held, Seattle-headquartered Saltchuk Resources Inc. has made a new offer to acquire NYSE-listed tanker and ATB operator Overseas Shipholding Group Inc. (OSG). Saltchuk, which is OSG’s largest shareholder, made an earlier
Clarksons looks at car carrier trade trends
Last week brought a slew of reports about ever larger car carriers being ordered and designed.What’s all the buzz about? Despite electric vehicle sales disappointing automakers this year, a surge in global
Is the battle for Euronav nearing an end?
The Saverys family and John Fredriksen look to be nearing a resolution to their long running battle for control of the world’s largest NYSE-listed oil tanker operator, Euronav NV (NYSE: EURN). Both
Containership deliveries reach a record high
Even as containership operators across the board report softening demand, new tonnage continues to enter the market. BIMCO’s chief shipping analyst, Niels Rasmussen, reports that new containership deliveries in the first seven
Maersk’s record breaking year ends on a muted note
In line with its earlier guidance, A.P. Moller – Maersk (Maersk) delivered a full-year 2022 revenue that was increased by 32% to $81.5 billion, while EBIT increased by 57% to $30.9 billion
Dynagas LNG Partners ice class LNG carrier awarded new Equinor time charter
Athens headquartered Dynagas LNG Partners LP (NYSE: DLNG) reports that it has entered into a new time charter party agreement with Equinor ASA for the employment of the 2013 built ice class
Putin’s oil exports capped at $60/barrel: Now what?
There are interesting times ahead in the tanker market. From December 5, the European Union ban on imports of Russian oil will kick in, with a minor exception for Bulgaria, which has
Maersk: Record results, but “dark clouds” warning
Container shipping and logistics giant A.P. Moller – Maersk (Maersk) today again reported record results, but analysts seemed to be more focused on CEO Søren Skou’s cautionary words about dark clouds on
World Energy Outlook paints scenarios with major implications for shipping
The global energy crisis triggered by Russia’s invasion of Ukraine is causing profound and long-lasting changes that have the potential to hasten the transition to a more sustainable and secure energy system,