Press Releases
OperationsTankers Johnnie / MarineTraffic Johnnie / MarineTraffic The vintage state of the global tanker fleet is leading to severe inefficiencies, with new data showing how many rust buckets have to spend more time not moving […]
Dry CargoGreater China Jinhui Holdings Jinhui Holdings Chinese bulker owner and operator Jinhui Shipping and Transportation has confirmed its second supramax sale this year. The Oslo- and Hong Kong-listed company said in a filing it […]
China’s Taizhou Hailian Shipping has emerged behind multipurpose newbuildings that are backed by charters with Norden’s project cargo division. Splash reported last week that the Danish shipping giant would be adding two more 17,500 dwt […]
GasGreater China COSCO Shipping Investment Dalian COSCO Shipping Investment Dalian Chinese state-owned shipping giant COSCO has made a fresh newbuilding move in the gas carrier segment. Clarksons reports a subsidiary, COSCO Shipping Investment Dalian, has […]
Weekly Daily Standup Top Stories U.S. Largest Grid Operator is warning of Summer Power Shortages May 11, 2025 Clark Savage Key Points Research suggests potential summer power shortages in the U.S. grid, especially in PJM’s region, […]
Offshore support vessel owner Tidewater has bagged a charter deal for its platform supply vessel Troms Lyra in Norway. Offshore shipbrokers stated the 2013 Vard-built PSV won a fixture for around 100 days with Spirit Energy. […]
The Syrian government and DP World have signed a memorandum of understanding worth $800m to develop Syria’s port of Tartous. The deal to develop, manage and operate a multi-purpose terminal at Tartous includes cooperation in […]
ENB Pub Note: The following story from Splash24/7 makes a great point about replacing the Chinese cranes in our shipping yards with new equipment. This would be a great offset for trade imbalances and get […]
ENB Pub Note: This article from Splash 24/7 is just another aspect of a global move to decouple from the globalization movement of the supply chain. I have added the background information on the ships […]
ENB Pub Note: The underlying reason for the car carrier race from the Chinese government is their desire to take over the EU with their EVs. This is a bad thing for the manufacturing jobs […]
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