Samsung Heavy Industries Lands Two-Ship Order

Samsung Heavy Industries Lands Two-Ship Order
Samsung Heavy Industries disclosed on Aug. 31 that it has won an order for two container ships from an African shipping company for a total of 444.5 billion won ($336.74 million). The newly contracted ships are scheduled to be delivered sequentially by Dec. 2028. With...
Read More

SMM 2026: Strong Order Flow, Shifting Agenda

SMM 2026: Strong Order Flow, Shifting Agenda
Clarksons Research, the data and analytics arm of the Clarksons, will be attending the bi-annual shipbuilding and marine equipment trade fair SMM in Hamburg 1st-4th September (Stand B1.OG.303). Reviewing the market backdrop to this year’s SMM, Steve Gordon, Global...
Read More

Europe’s diesel options narrow

Half of Europe’s seaborne diesel imports from other regions now come from the US, up from a quarter a year ago. That leaves Europe’s marginal supply resting on one region, while inventories sit very low, autumn refinery maintenance is looming, and refiners across the...
Read More

ARA fuel oil stocks climb 15% in August

The ARA’s independently held fuel oil stocks have averaged 15% higher in August thus far, compared to July’s monthly average, according to Insights Global data. Changes in monthly average ARA stocks from July to August (so far): Fuel oil stocks up around 591,000 bbls...
Read More