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Navig8 Group expands into LNG shipping

Tanker operator Navig8 Group subsidiary Navig8 Topco Holdings acquires 14% of outstanding shares in Awilco LNG

The liquefied natural gas sector ‘faces a market trough until 2023/24’ according to Norway-based investment bank Cleaves Securities

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Guangdong to convert 1,500 ships to LNG

Beijing’s push for liquefied natural gas conversions on river boats has been met with several setbacks, including the lack of LNG fuelling infrastructure and standards for LNG-powered ships

Floating storage duration to offset Opec crude cuts, says Navig8

‘Long and slow drawdowns of floating storage will place a wet blanket on earnings for an extended period’ — Navig8 Group research director Paul Marsh

Greek shipowners lead lucrative VLCC charter market

VLCC daily rates on main tanker routes grew by almost 25% in certain cases as market dynamics prolong earnings spree

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