ShippingWatch

Two VLCC players keep the order book hot and buy old ships

One is buying up 16-year-old ships. The other has an order book with upwards of ten newbuilds. ShippingWatch has spoken to two of the new players betting on the VLCC market at a time when the sector is crying for scrapping with a slowdown in ordering.

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Torm CEO after large deficit: Market has already turned

The recovery of a miserable product tanker market is well underway, says Executive Director Jacob Meldgaard in an interview with ShippingWatch after the company delivered yet another significant deficit in the third quarter.

Here is the roadmap for the liner companies' new global initiative

In as little as six months, two or three shared standards for container liner companies should be ready. That is the goal for the new global association between the world's largest container carriers, says André Simha, spokesman for the association and CIO at MSC, to ShippingWatch.

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