The North Sea rig market has almost been cut in half, scrapping in Asia, strong interim reports from DFDS and Hafnia Tankers, the aftermath of the explosion in major Chinese container port Tianjin were just some of this week's top stories on ShippingWatch.
BY OLE ANDERSEN
As the oil price continues to slide, the crisis in the offshore industry forges ahead at an undiminished pace.
Danish-based product tanker carrier Hafnia Tankers also published its second quarter interim report this week, while the CEO of competitor Concordia Maritime talked about the sector's prospects going forward.
As the first nation in the world, Norway wants to ensure that Norwegian vessels are not scrapped irresponsibly at beaches in Asia. Danish shipowners call for a global solution.
Since late 2023, the purchase and sale of second-hand capesizes has increased significantly. The price of newbuilds is also at its highest in 15 years.