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Fosen Yard, Hantong Shipbuilding to Set Up JV

Norwegian Fosen Yard and China’s Hantong Shipbuilding agreed on July 7 to form a joint venture (JV) for building roll-on/roll-off passenger (RoPax), roll-on/roll-off (RoRo) and cruise vessels. As informed, the new...

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Tanker Market Sentiment Weakens in June

Dirty tanker market sentiment was generally weaker in June, as average spot freight rates dropped on all reported routes. On average, dirty tanker freight rates declined by 17% from the...

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