The National Shipping Co. of Saudi Arabia (Bahri) signed contracts on Thursday with Hyundai Samho Heavy Industries (HSHI) to build five very large crude carriers (VLCCs),
Australia could develop the world’s most technologically advanced LNG industry, according to a report by Accenture.
But if industry is to reach its potential
German lender HSH Nordbank could split off a "bad bank" for non-performing shipping loans as part of a plan to create a sustainable business model, according to a person familiar with the matter.
Avance Gas said repairs of two very large gas carriers (VLGCs) are complete, allowing the delayed ships to get to work.
Both new build VLGCs recently dry-docked - Breeze (83,
Capesize rates slide after hitting 5-month high.
Rates for capesize bulk carriers eased this week after hitting their highest since December, and could come