Owners continue to commit their Very Large Crude Carriers (VLCC) for recycling.
Here are the most popular stories of last week.
Bahri takes delivery of the final vessel from a series of ten VLCCs ordered from Hyundai Samho Heavy Industries.
The U.S. Government will reimpose sanctions on Iran’s port operators, and shipping and shipbuilding sectors.
Owners continue last year’s tanker ordering spree further hindering market recovery.
Algerian shipping company ENTMV Algérie Ferries has ordered a new roll-on/roll-off passenger (RoPax) ferry in China.
KOTC has returned to Korean shipbuilder Hyundai with an order for four product tankers.
Kuwait Oil Tanker Corporation is gearing up to more than double its fleet by 2040.
Bahri has taken delivery of Khurais, a very large crude carrier, from Korean Hyundai Samho Heavy Industries.
Here are the most read stories of the past week.
2018 is off to a great start when it comes to removing of outdated tanker tonnage from the oversupplied fleet.
The construction process on Saudi Arabia’s new maritime yard has officially begun.
Kuwait Oil Tankers Company secures over USD 400 million in financing, orders super tanker in China.
Oskar Levander speaks of the current state of play with regard to the development of autonomous ships.