Day: March 11, 2025

Geneva Dry Dialogues: ABS

Energy News Beat With scores of shipowners booking their flights for late April to Switzerland for the world’s top dry bulk event, Vasileios Gkikas will be on hand to answer some of the most pressing questions on the agenda. Gkikas, global lead for dry bulk at class society ABS, tells Splash the questions he tends […]

Preliminary signs of a two-tier freight market emerge as US crackdown on Chinese-built tonnage nears

Energy News Beat Shanghai Waigaoqiao Shipbuilding The first signs of a two-tier market are emerging in anticipation of Donald Trump’s likely penalisation of Chinese-built tonnage.  Broker BRS is reporting Chinese-linked ships are now becoming far less attractive for long time charters due to the likelihood that, at some point during their charters, these ships would […]

Compliant VLCCs attract firm prices

Energy News Beat Greater ChinaTankers Johnnie / MarineTraffic Aframaxes remain the most popular tanker sales candidates this year, dominating the market, while VLCCs are also attracting interest. However, a price gap between buyers and sellers continues to delay deals for semi-modern vessels, ships now being tested on the market. Formosa Plastics Marine Corp put the […]

Tanker targeted by armed robbers in the Singapore Strait

Energy News Beat A Panama-flagged tanker was boarded by seven individuals while transiting eastbound in the Philip Channel yesterday, approximately six nautical miles east of Kasu, Indonesia, the latest in a string of similar incidents in the same area.  According to Ambrey, a British maritime security specialist, the suspects were reportedly armed with “gun-like” objects. […]