China’s Hengli Shipbuilding has received four VLCC newbuilding contracts worth up to $600m. The Dalian-based shipyard did not ...

Softening VLCC forward freight agreement levels could be signalling a weaker end to the year for the segment, Signal Ocean said.

The primary work of an experimental model basin is the estimation, with reasonable accuracy, of the resistance and horse-power of full-sized ships from experiments with small and inexpensive models.