clarksons in A Sentence

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Eventually, Clarksons recovered a copy of the stolen data.

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In the LNG shipping spot market, tri-fuel diesel electric("TFDE") headline rates, as reported by Clarksons, averaged $89,000 per day in 2018, a 93% increase on 2017 levels.

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According to Clarksons, the global orderbook for OSVs represented about 10% of the active fleet at the end of last year, vs 14% at the end of 2017.

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According to Clarksons, demand for the versatile ships, which support offshore exploration and production activities around the world, edged up 3% in 2018, with marginally higher day rates tempting some units out of lay-up.

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Steve Gordon, managing director of Clarksons Research, commented,“Global trade in LNG has moved into a strong growth phase, with a 9% increase in 2017 expected to be followed by further growth of 11% in 2018.

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As demand for LNG rises(Clarksons forecasts an 8% jump in LNG trade this year), the improving business case for supplying it on a‘small scale' is moving more projects to the stage of final investment decisions(FID).

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According to Clarksons, the UK-based shipbuilding market research company, the average number of small-scale LNG carriers on order per year across the globe remained around 5 for the past five years, but the number is likely to triple to 15 over the next decade.

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The vessel is expected to generate approximately $1.9 million of EBITDA for the first year, assuming(a) revenue based on the contracted time charter rate through the charter expiration date and the current rate per open day thereafter(Clarksons Research 6-12 month time charter rate for 4,400 TEU vessels of $12,400 per day for August 2018) and(b) operating expenses in line with the management agreement and normal operations.

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