Tanker Deliveries Are Soaring As Demolitions Hit Decade-Lows
Delivered tonnage of crude oil tankers have grown by +37%, whereas total fleet demolitions for 2019 have slumped to the lowest in a decade with a reduction of 52% from the year before.
Maersk Line Delays Nine Deliveries, Sinks into Red
Danish container carrier Maersk Line has decided to postpone the delivery of its nine 14,000 TEU vessels currently under construction with delays between one month and one year.
Record high crude oil tanker deliveries adds instant freight rate pressure
January 2017 already accounts for 22% of the crude oil tankers previous year’s total deliveries, due to tremendous VLCC delivery growth.
Neste begins deliveries of low-sulfur marine fuel to Polferries
Neste and Polferries, a Polish company with a fleet of ferries operating on the Baltic Sea, have agreed on the delivery of low-sulfur marine fuel for the Nynäshamn-Gdansk route in 2017.
Grandweld steps up newbuilding deliveries
Dubai-based shipyard Grandweld expects to deliver a record 18 newbuildings this year. ...
Star Bulk reports Q3 loss, delays four newbuilding deliveries
Athens-based Star Bulk Carriers has sank to a third quarter loss and come to an agreement to defer the delivery of four newbuilding bulker carriers. ...
Seadrill delays newbuild deliveries for two drillships and eight jack-ups
The challenging operating environment in the offshore oil and gas market has pushed Seadrill to delay 10 of its newbuild deliveries, including two drillships and eight jack-ups, all of which are currently under construction at China and South Korean yards