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Sky-High VLCC Market Faces Potential Double Hit From Late 2027

Sky-High VLCC Market Faces Potential Double Hit From Late 2027

The booming VLCC market, with charter rates and asset values at exceptional levels, could face a double hit from late 2027 onwards, as a wave of newbuilding deliveries coincides with a potential easing of the inefficienc…

Tue Oct 13 20268 min
Tsakos Group Makes Box Ship Newbuilding Comeback With Hengli Deal

Tsakos Group Makes Box Ship Newbuilding Comeback With Hengli Deal

Tsakos Group has returned to the container vessel newbuilding market after four years, extending its orderbook across every shipping segment in which it operates. The Greek owner has disclosed a contract with China’s Hen…

Tue Oct 13 20268 min
MISC Set to Grow LNG Carrier Orderbook With Five Vessels Under 20-Year Charters

MISC Set to Grow LNG Carrier Orderbook With Five Vessels Under 20-Year Charters

Malaysian shipowner MISC is further expanding its LNG carrier business, with additional newbuildings planned under long-term charter agreements. The Petronas group company accepted a letter of award from Petronas LNG for…

Mon Oct 12 20268 min
K Line Said to Be Behind Order of Pair of LNG Carriers at Samsung

K Line Said to Be Behind Order of Pair of LNG Carriers at Samsung

Japanese owner K Line is said to have ordered two 174,000-cubic-metre LNG carriers at South Korea's Samsung Heavy Industries for about 247.5 million dollars each, with delivery in 2029. Samsung disclosed the order but di…

Thu Oct 08 20268 min
Tech Spec Helps Excess SOVs Find Work in Offshore Oil and Gas

Tech Spec Helps Excess SOVs Find Work in Offshore Oil and Gas

Offshore oil and gas is emerging as a structural demand driver for service operation vessels alongside offshore wind, according to Integrated Wind Solutions, rather than merely a cyclical add-on. As the number of SOVs an…

Tue Oct 06 20268 min
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