2018 a Loss-Making Year for Crude Oil Tankers

Peter Sand

BIMCO's Chief Analyst reveals what lies ahead for tanker, dry bulk markets.

Turkey: Palmali Sends Third Tanker of Armada Type on ...

The third tanker of Armada type built by Besiktas Shipyard in Yalova, Turkey, named Lerik, has sailed from the ...

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Singapore: Nam Cheong Wins Sale and Charter Contracts ...

Nam Cheong Ltd global Offshore Support Vessel (OSV) shipbuilder, has won new contracts for the sale and charter of ...

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STX Finland Starts Production of Fisheries Research Vessel

  STX Finland Oy’s Rauma Shipyard started the production of an innovative fisheries reseach vessel ordered by ...

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ESL Shipping Receives New Self-unloading Dry Cargo Ship ...

ESL Shipping Ltd has taken delivery of a new, approximately 20,000 dwt vessel from ABG Shipyard Ltd in India. The ...

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USA: KBR to Perform Engineering Design Support for BP ...

  KBR today announced that it has received a letter of award from Hyundai Heavy Industries Co. Limited to ...

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Iraq Navy Acquires Two Patrol Boats from United States

  The Iraq Navy has acquired two patrol boats from the United States. The Iraq Navy accepted two Swift-class ...

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Germany: MAN Diesel & Turbo to Equip Four New ...

MAN Diesel & Turbo SE is to equip four new ocean-going specialist vessels with complete propulsion systems. The ...

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Sri Lanka: Colombo Dockyard Signs Construction Contract ...

  Colombo Dockyard penned contracts for the construction of four units of 78 m Multipurpose Platform Supply ...

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Algoma Corporation Christens First Completely New ...

  MV Algoma Mariner — the first completely new Canadian flag dry-bulk carrier to be brought into service on ...

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Vietnam: HVS Holds Steel Cutting Ceremony for Bulk Carrier

As scheduled, on 25 August 2011, at 10:00 am, Steel cutting Ceremony for the Hull No. S048 -56,000 DWT Bulk ...

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Croatia: Brodosplit Special Naval Shipyard Wins 60m ...

  The 60 meter ship will be able to accomodate 70 passengers on shorter routes in her two luxury equipped ...

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A&P Tyne Completes its Part in Building Britain’s ...

  THE last working shipyard on the Tyne has completed its part in building Britain’s biggest warship ahead of ...

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China: Datong Marine Orders Bulk Carrier from New Times ...

  Jiangsu Province, China-based shipbuilding company New Times Shipbuilding Co. has received an order for a ...

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South Korea: DSME Lands FSRU Order from Excelerate Energy

Daewoo Shipbuilding & Marine Engineering Co. said yesterday that it has won a $280 million deal to build a ...

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USA: MetalCraft Marine to Construct Three High-Tech Fireboats

  Port of Houston Authority commissioners voted Tuesday to spend nearly $15 million, mostly from a federal ...

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China: Waigaoqiao Shipbuilding Receives Order for Four ...

  China-based shipbuilder Shanghai Waigaoqiao Shipbuilding Co. (SWS) has received an order from Piraeus, ...

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Germany: Wismar Yard Sends Tanker Nordic AT 19 on Test Voyage

  Nordic Yards, the manufacturer of technologically sophisticated, innovative special ships and maritime ...

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UK: A.Mylne & Co Presents Retro Styled Motor Yacht PF36

Recently featured in Boat International, Scottish firm A.Mylne & Co can now proudly announce some of the ...

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Nordic American Tankers Takes Delivery of New Suezmax ...

  Nordic American Tankers Limited today took delivery of the Nordic Breeze,a suezmax newbuilding tanker of ...

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Yuexin Shipbuilding Delivers AHTS Vessel to Malaysian Owner

On Aug.11th, the 66.6m AHTS-REDFISH 3 ,built by Yuexin Shipbuilding Company for Malaysian owner, has been delivered ...

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HHI Completes Test for Model Ice-breaking Iron Ore ...

  Hyundai Heavy Industries​, the world’s biggest shipbuilder, today announced the completion of the final ...

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Cargotec Wins Best Supplier 2010 Award from MHI ...

Cargotec has won the Best Supplier award 2010 from Mitsubishi Heavy Industries Shimonoseki shipyard in Japan. It ...

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South Korea: Zhenhua Completes Busan Newport Crane Project

On August 16, “Zhenhua 13” vessel loaded with six cranes for Busan Newport arrived in Korea, marking the wrap-up of ...

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Australia: Incat Crowther Launches, Tests and Delivers ...

  Incat Crowther announces the launch, trials and delivery of the 24m Catamaran Ferry Fantasea Sunrise. In ...

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Denmark: Maersk Line Increases Container Vessels Capacity

  Maersk Line is increasing the size of individual ships from 8,600-TEU to 10,000-TEU by raising the ...

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SHI Holds Naming Ceremony for Two Vessels Set to Ship ...

On August 17, a naming ceremony was held at the Geoje Island shipyard of Samsung Heavy Industries , Ltd. in Korea ...

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The Netherlands: Vroon Offshore Takes Delivery of AHTS ...

  Vroon Offshore Services (VOS) have taken delivery of a new addition to their offshore fleet. The VOS Triton, ...

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