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Clarksons Research Services News

28 Jan 2021

Oil Tanker Market Facing Rougher Seas

© momentscatcher / Adobe Stock

A plunge in the volume of crude oil stored on ships combined with unexpected cuts from top producer Saudi Arabia have created a glut of vessels available for hire, pressuring the outlook for supertankers this year.Earnings for very large crude carriers (VLCCs) in 2020 reached record highs of more than $240,000 a day as the coronavirus battered demand, creating an oil surplus and a scramble for storage on land and sea. Rates have since dropped to $7,000 a day.“Right now, it is really as bad as it gets for the VLCC market.

23 Dec 2013

Largest Ever Marintec China Hits New Records

Largest ever Marintec China 2013 hits New Records over 1,700 exhibiting companies and attracted 13% more trade visitors Hong Kong – December 23, 2013—Marintec China 2013, organized by UBM Asia and the Shanghai Society of Naval Architects and Ocean Engineers, was a tremendous success over the four days of the show from December 3-6, 2013. With the blowing of a whistle and pushing of the actuating lever, Marintec China 2013 officially began. The four-day exhibition and conference was unveiled and officiated by senior officials from the industry…

04 Nov 2013

Clarkson Research President to Keynote Marintec China 2013

Scene Marintec China 2011: Photo courtesy of the organizers

Dr. Martin Stopford, President of Clarksons Research Services, will deliver the keynote address at the Senior Maritime Forum 2013, 2-5 December, at the Kerry Hotel Pudong, Shanghai, China. The Senior Maritime Forum is held alongside Marintec China 2013 which takes place 3-6 December at the Shanghai New International Expo Centre, Shanghai China. In his keynote address titled, "The Great Shipping Cycle -- Progress to Date and Scenarios for the Next Phase," Dr. Stopford will shed light and retrospect on the previous year industry milestones as well as offer audiences a perspective of areas…

18 Jan 2011

Lloyd’s Register Significant Year in China, Korea

Lloyd's Register’s teams in China and Korea have established a strong position in terms of ships ordered in 2010 which will be built to Lloyd’s Register class. Lloyd’s Register’s share of 2010 orders is, respectively, 29.6% in China and 28.3% in Korea.* While orders are from traditional areas of strength such as Greece, the continued expansion of shipowning in Asia is also driving demand. “It’s been an exciting year,” said Nick Brown, Marine Country Manager, China. “We have made a huge investment in China and have developed innovative services to support Chinese shipbuilders and both Chinese and international owners building in China. We have been listening to yards and owners and providing the services that they need.