A number of political, but also economical factors have had a negative effect on the sentiment of the ships’ demolition market this past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “this week saw further disruption af…
Politics Impact the Demolition Market Read More »
Where do we go to find economic growth that spurs shipping demand in the next five years? According to the International Monetary Fund (IMF), we should look towards emerging and developing countries. The IMF also points out that advanced economies’ gro…
Global shipping scouts for future growth Read More »
The Chinese government’s objective of suppressing coal and lignite imports in November and December 2018 is adversely impacting demand for Panamaxes and thus rates. Nonetheless, we believe imports will be supported by winter and high-energy demand in t…
China’s import restrictions on coal spoils the party for Panamaxes Read More »
ALMACO Group recently delievered 36 new luxurious Seabreeze Penthouses and two new spacious Seabreeze Penthouse Suites to Crystal Cruises’ ocean-going vessel Crystal Serenity. The project, which was part of an extensive redesign of the ship…
ALMACO Helps Refurb Crystal Serenity Read More »
Daewoo Shipbuilding Marine Engineering (DSME-Korea) awarded Bardex a ShipLift System in order to increase the capacity of the shipyard from the previously installed 1990 system. The originally installed smaller system had been running continuously for …
Bardex Shiplift Chosen by DSME Read More »