Paul Bartlett
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As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Articles
Lloyd’s Register lands latest floating gas conversion
As the pace of floating gas projects continues to accelerate globally, LR is to provide assurance services for the conversion of an LNG carrier into a floating storage unit (FSU). schedule1 Min Read The 141,000 cu metre steam turbine LNG Bayelsa, built in 2003, is to be converted into a FSU at Drydocks World Dubai for Dixstone Lower Gulf FZCO, a Perenco sister company based in Dubai and active in offshore fabrication and conversion projects.
Ship recycling yards scout round for suitable tonnage
With the end of the monsoon season in sight, yards are on the lookout for demolition candidates with old bulkers and LNG steamers at the top of the shopping list. schedule2 Min Read A lengthy spell of downbeat activity across recycling yards on the Indian subcontinent shows signs of picking with this year’s monsoon season set to run for just three or four more weeks. Freight markets eased significantly last week with the Baltic Dry Index down 7% over the seven days leading to last Friday.
Black Sea drone strikes send CPC tanker rates to $400,000 a day
Repeated drone strikes on tankers loading at the Caspian Pipeline Consortium (CPC) terminal in Novorossiysk have more than doubled rates since June to about $400,000 a day. The Baltic Exchange’s tanker metric, TD6, which tracks rates from the CPC terminal to Augusta in the Mediterranean has shot up from about WS230 in mid-June to around WS530, equivalent to about $400,000 a day and similar to rates prevailing in the Middle East.
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