LONDON : “In 2023, only seven product tankers with combined deadweight tonnes (DWT) capacity of 265,000 were recycled. This was a year-on-year drop of 82% compared to 1.5 million DWT (27 product tankers) recycled
SINGAPORE : The ongoing massive wave of the Coronavirus in India is likely to reduce demand for ships amid a slowdown in the South Asian nation’s crude imports, and potentially refined products exports, creating
MANILA BAY : A tanker and a bulk carrier collided in Manila Bay, Philippines on Wednesday causing significant damage to both vessels. The accident occurred at approximately 9:14 p.m. local time and involved the
Fast-growing Seven Islands Shipping (SISL) is looking to diversify from its tanker origins into gas carriers and boxships. The Indian line, controlled by Prem Watsa, has 20 crude and product tankers currently in its