November 7, 2022
Via: FreightWavesFossil-fuel shipping is going from strength to strength and shows no signs of peaking. Rates for some very large gas carriers (VLGCs) have now topped $100,000 per day. Liquified natural gas (LNG) carriers crossed into six-digit territory months ago. The […]
October 3, 2019
Via: World Maritime NewsThe consultancy attributed the industry’s resiliency to the incident to Saudi Arabia’s stockpile and increased exports from the U.S. The drone attack in Saudi Arabia on September 14, in which oil installations were targeted, forced the country to shut down […]