If only to exploit its unique location at the mouth of the Red Sea, Saudi Arabia, under a new liberal and progressive regime, is making a concerted effort to be a logistics hub for three continents – Asia, Europe and Africa.
The LNG shipping market is expected to enjoy a positive foreseeable outlook with demand on the rise on the back of a global thirst for cleaner fuels and spot rates touching multi-year highs in the last quarter of 2018.
There will be more consolidation in the ship management sector as company founders decide on their future and mid-sized managers come under pressure, believes Anglo-Eastern ceo Bjorn Hojgaard.
Journalists everywhere know that feeling – if someone tells you “this is not a news conference”, it’s probably worth reaching for your notebook or, at the very least, paying attention. The occasion was the International Salvage Union (ISU) marine...
Rates for OSVs in the US remain underwater but utilisation levels are starting to rise and a “rational” approach to stacking and drydocking by owners could see pricing power start to return.