Vessels Value’s (VV)

KSS Line – HHI VLGC Contracts

Hyundai Heavy Industries of South Korea has won an order from compatriot KSS Line to build two dual-fuelled VLGCs, says a press release published on KSS Line website.

About the vessels

The 86,000 cu m ships – costing a combined $162m – will deliver in the first half of 2023 and will be able to run off LPG or normal bunker fuel says, KSS Line.

Hyundai Heavy and its affiliate yards have won 34 out of 58 LPG carrier orders made around the world so far this year.

KSS Line currently has a fleet of 21...

https://mfame.guru/kss-line-hhi-vlgc-contracts/

VV Report Highlights Poor Prospects For Tanker Market

  • VesselsValue has issued a new report after positive autumn and winter.
  • It analyses factors contributing to supply growth and demand constriction that affect tanker rates.
  • Lifting of US sanction, increased crude tanker supply, impact of the Coronavirus and increased fleet strength are analyzed.

According to an article published in Ship Insight and authored by Malcolm Latarche, VesselsValue has issued a report with contributing to supply growth and demand constriction for tanker rates.

Factors...

http://mfame.guru/vv-report-highlights-poor-prospects-for-tanker-market/