• 2017 August 7


    GasLog positive on LNG carrier market outlook

    LNG carrier owner GasLog sees a positive outlook for the sector driven by both increased production and import demand...

  • 2017 August 2


    Asia-Russia ocean rates to fall as import growth plateaus

    Asia-Russia ocean shipping spot rates could decline 30 to 40 percent from current levels by the end of this year as Russia’s economic growth slows and inventory builds up...

  • 2017 August 2


    28% of Offshore vessels currently laid up

    Across all offshore types, 28% of the fleet is currently laid up, with PSVs topping the table with 36% of their fleet currently laid up...

  • 2017 August 2


    Firm demand will continue to support dry bulk shipping

    Drewry expects that dry bulk shipping charter rates will continue to recover with firm demand and controlled fleet growth, according to the latest edition of the Dry Bulk Forecaster...

  • 2017 August 1


    Finland trailblazing Arctic sea routes between Asia and Europe

    A Finnish icebreaker’s new record for the earliest crossing of the fabled Northwest Passage highlights the tiny Nordic nation’s growing role in new shipping routes being created by the warming Arctic seas between Asia, North America and Europe...

  • 2017 August 1


    Drewry: Carriers Getting Busier on Asia-Middle East Route

    Spot rates in the Asia to Middle East market are seeing the most traction as container shipments on the route improved by 1.6% year-on-year in May...

  • 2017 August 1


    First Unescorted LNG Ship Transits Northern Sea Route

    Christophe de Margerie, the world’s first ice-breaking liquefied natural gas (LNG) tanker, has embarked on a voyage through the Northern Sea Route (NSR) to Boryeong in South Korea where it will deliver a cargo for Total Gas & Power...

  • 2017 July 31


    This deadly Crimean Shipping

    General cargo vessel ANDA sank in Black sea in the morning July 29 some 25 nm off Crimean coast, near the main Russian Black sea Naval Base, Sevastopol...

  • 2017 July 27


    Drewry: FSRUs More Profitable than LNG Carriers

    Despite falling freight rates for floating storage regasification units (FSRUs), investment returns at current asset prices and charter rates are higher compared with standard LNG vessels...

  • 2017 July 25


    Russia’s Far East rolls out the welcome mat for investors

    Russia’s government is offering tax breaks, special economic zones and other incentives to investors in the Far East areas of the country, including the Free Port of Vladivostok...

  • 2017 July 25


    Russia and China hold first joint naval exercises in Baltic Sea

    Russian and Chinese naval warships are holding joint exercises in the Baltic Sea for the first time...

  • 2017 July 25


    Saipem eyes Russia’s Arctic LNG project

    Italy's Saipem is likely to get a subcontractor role in a new project to produce liquefied natural gas in the Arctic by Russia's Novatek...