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Top News In Hudong Zhonhua Today - Breaking & Trending Today
QatarEnergy is reported to be moving forward with the expansion plans for the LNG carrier fleet with an agreement reached for the construction of the. ....
GTT has received an order from the Chinese shipyard for the tank design of the first four LNG carriers for the Qatargas project on behalf of the ship-owner MOL. ....
Newbuilding Market Picks Up its Pace Demand has picked up in the newbuildiing market, with an increased number of orders being report over the past week. In its latest weekly report, shipbroker Allied Shipbroking said that “it was a week with some very interesting fresh deals in the newbuilding market. In the dry bulk sector, we saw the order of two Capesize units, which is estimated to be just the second order noted in this size segment in the year so far. Despite the positive trajectory of Capesize earnings, buyers have remained reluctant so far, given the previous years’ disappointing earnings and the record high newbuilding prices. However, this order was not the only one witnessed this past week in the sector, as an order for 2 Kasmarmaxes as well as one for 2 Ultramaxes also emerged. The resuming corrective mode noted in freight earnings coupled with the increases seen in asset prices have not completely cut buying interest, as confidence seems to still be robust. In ....