Floating vessels

MSC Aggressively Adding Boxships To Its Fleet

  • MSC has snapped up 2000-built 1,730 teu feeder boxship Amanda D.
  • The vessel has been renamed MSC Panaya, and like many of MSC’s recent purchases it was previously on charter to the line.
  • MSC has acquired the 2006-built 5,642 teu boxship Granville Bridge from Japan’s Doun Kisen.
  • The vessel is a sister ship of the Grenville Bridge, recently reported as sold by the Japanese company to MSC for $14m.

Swiss-headquartered containerline Mediterranean Shipping Company (MSC) continues to aggressively...

https://mfame.guru/msc-aggressively-adding-boxships-to-its-fleet/

Idling LNG Tankers Hint at Increasing Inclination Towards Floating Storage

Liquefied natural gas tankers are taking longer-than-usual journeys to deliver cargoes and spending more time idling at sea in a sign some traders are starting to use vessels for storage, reports Bloomberg Quint.

Logistical and Weather issues

There may be other reasons for keeping the cargoes on the water, including logistical or weather issues, such as a monsoon in India. But with spot prices near their lowest since April 2016, sellers may be betting that they will rise as the northern...

http://mfame.guru/idling-lng-tankers-hint-at-increasing-inclination-towards-floating-storage/