|Senior Bunker Trader||Bunker Connect International B.V.||Singapore, Singapore|
|Team Leader Engineer Shipbuilding (Yachts)||U-People||Netherlands, OUD-BEIJERLAND|
|Regional Service Manager (Shipbuilding)||U-People||Netherlands, OUD-BEIJERLAND|
Oversupply Leads to Slide in LPG Freight Rates
05.17.2016Due to the ongoing oversupply in the pressurised market, the LPG sector has seen a further slide in average rates for smaller and older vessels in the past twelve months as the rolling average dropped off about 15% from the end of Q1 2015 for the smaller vessels, whilst the larger vessels have held broadly stable, according to pressurized gas shipping company Epic Gas.
Interview: Kidnappings for Ransom Easy and Less Risky
In 2016, piracy has yet again emerged as one of the key problems seafarers face during their voyages at sea. A particular concern is the ever growing number of kidnappings for ransom against merchant vessels, which has significantly increased in areas off the Niger Delta, with at least 16 of the kidnapping victims so far in this year. However, the situation in other regions that seem to be more quiet is no reason for complacency, according to Dryad Maritime’s Head of Operations, Michael Edey.
Fourth New LNG Carrier Joins MOL’s Fleet
05.02.2016Japanese shipping company Mitsui O.S.K. Lines (MOL) took delivery of the liquefied natural gas (LNG) carrier Kumul at Hudong-Zhonghua Shipbuilding in Shanghai on April 29.