Regulatory Hurdles Hampering Drone Uptake

Drone

Development of regulatory, safety framework is slowing down the uptake of UAS technology.

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Drewry: Recovery on the Horizon for VLGC Owners

A slowdown in fleet growth is expected to push the VLGC sector into recovery, according to Drewry.

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DryShips Adds Fourth VLGC to Its Fleet

DryShips has taken delivery of its fourth very large gas carrier (VLGC) newbuilding.

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Third VLGC Joins DryShips' Fleet

Greek drybulk shipping firm DryShips has expanded its fleet with a third newbuilding very large gas carrier (VLGC). ...

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SCI Breaks 6 Mn Deadweight Mark with BW's VLGC

The Shipping Corporation of India Ltd (SCI) has taken delivery of a 2001- built second-hand very large gas carrier ...

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DryShips Employs 2nd VLGC Newbuilding

The second newbuilding very large gas carrier (VLGC) has joined DryShips’ fleet, the Greek shipowner said. ...

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Weak Freight Outlook to Affect VLGC Asset Values

Given the weak freight rate outlook for LPG shipping over the next twelve months, there is more downside risk to ...

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Clarksons: VLGC Earnings 42 Pct below Trend

Very large gas carriers (VLGC) have seen their earnings dwindle 42 percent below trend, as the tanker market moved ...

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First VLGC Joins DryShips' Fleet

Greece-based owner of dry bulk carriers DryShips has taken delivery of the previously acquired very large gas ...

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Petredec to Order Up to Four VLGCs in China

Singapore-based Petredec Holdings (Eastern) has decided to further expand its fleet with up to four very large gas ...

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DryShips Bags Financing for Four VLGCs

Greek shipowner DryShips has won “firm commitment” for a senior secured credit facility of up to USD ...

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DryShips Wades Deeper into Tanker and Gas Carrier Markets

NASDAQ-listed Dryships Inc has entered into agreements to acquire six vessels for a total gross price of USD 268 ...

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DryShips Opts to Buy Second VLGC

Greek owner of drybulk carriers DryShips Inc. has exercised its second option to acquire a very large gas carrier ...

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Dorian LPG Reports Modest Profit amid Lower Rates

US-based owner and operator of very large gas carriers (VLGCs) Dorian LPG ended the third quarter of fiscal year ...

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DryShips Wraps Up First VLGC Purchase

Greek owner of drybulk carriers DryShips Inc. has acquired a very large gas carrier (VLGC) for a price of USD 83.5 ...

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DryShips Buys First VLGC

Greek owner of drybulk carriers DryShips Inc. has exercised its first option to acquire one very large gas carrier ...

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DryShips to Enter Gas Carrier Market with Four New VLGCs

Greek owner of drybulk carriers DryShips Inc. has agreed to enter into a “zero cost” option agreement ...

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KOTC Looking to Order Eight New Vessels

Kuwait Oil Tanker Company (KOTC) has opened a shipyard pre-qualification process for the design, construction and ...

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BW LPG Remains in Loss amid Depressed Spot Rates

Oslo-listed gas carrier owner BW LPG has reported a loss of USD 60.4 million in the third quarter of 2016, compared ...

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VLGC Oversupply to Put More Pressure on Freight Rates

High scheduled deliveries and low demolition prospects will drive unwanted fleet growth of very large gas carriers ...

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New VLGC Joins BW LPG's Fleet

Singapore’s gas carrier owner BW LPG has further expanded its fleet as it took delivery of the first of four ...

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VLGC Rates Under Pressure amid US Cargo Cancellations

A wave of cargo cancellations from the US is putting additional pressure on Very Large Gas Carrier (VLGC) rates, ...

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