Danish Ship Finance (DSF) forecasts a drop in utilisation in 2025, driven by strong fleet growth and the potential normalisation of a “wave of disruptions” that have masked a surplus of supply.
The use of UV Graphs complements traditional chemical tanker cleaning methods which require crews to enter confined spaces to sample various sections of the tank, exposing them to harmful chemicals.
Oil tankers are ships designed for transporting bulk oil and/or its derivative products. Tanker ships can be either crude tankers that transport unrefined crude oil or product tankers that ...
The Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell a 2005-built Medium Range product tanker of about 47 999 dwt on 31 October 2024 to an unaffiliated third party. The ...
As world trade continues to grow and the bulk shipping surplus in most sectors falls more closely into balance, the components necessary for profitable shipping should definitely be in evidence.