Tankers carrying crude oil and refined products are wallowing below cash-breakeven. Their near-term prospects are grim. In contrast, spot rates for tankers carrying liquefied natural gas (LNG) are now highly profitable, with some vessels earning $125,000 per day. �The gains have become more significant over the past couple of
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HOUSTON � Shipping containers get all sorts of uses these days, but Texas A&M students are working together to “BUILD” something very special. “Mobile medical clinics out of shipping containers,� A&M senior Abby Launikitis, of Cypress, said. She’s this year�s CEO of the student-run organization actually called BUILD. It
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The shipping community is digesting yesterday�s Splash exclusive news that the �A� to �E� operational efficiency rating of every ship above 5,000 gt will be made fully public and updated on an annual basis, possibly within a matter of months, potentially giving charterers similar energy ratings visibilities to what consumers see when buying
