FPSOs: market or mirage?
1 June 2002
Advocates of floating production, storage and offloading development concepts campaigned long and hard for ship-based production platforms to be allowed into the US Gulf of Mexico. When finally the door opened, there was no-one waiting to come in, and it is no certainty there ever will be, writes Dan Rigden
Earnings slump
1 March 2002
Everything seems to be moving in the wrong direction for tanker owners. The dynamics of oil shipments are also changing, as non-Opec producers raise output to the detriment of Mideast producers, changing patterns in oil routes and reducing tonne-mile shipments. Owners of LPG carriers also face a weaker market and, with gas prices depressed, there are unlikely to be major changes for LNG, writes Sidney Holloway
Building for the future
30 December 1998
The shipbuilding industry is enjoying a boom and the energy industry is driving much of the growth. Martin Clark reports