Smaller carriers need to find a niche service to offer if they are to survive in the post-consolidation world
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Niche markets offer hope for smaller carriers Read More »
Ships’ demolition activity has been rather slow since the start of the year, amid market uncertainty. However, things could be set for a pick up in the weeks to come. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “it’s that t…
With an expected spike in the price of low-sulphur fuel as 2020 approaches, shipowners and bunker suppliers will need extended credit lines. For the big players, extended credit is unlikely to be a problem, but for small and medium-sized players, it mi…
Spike in need for credit could fuel consolidation Read More »
In this week’s meeting of the National People’s Congress, China announced slower growth this year, with its gross domestic product (GDP) growth targeted at a range of 6 to 6.5% in 2019. This should not come as a surprise as there have been a flur…
Dry Bulk Market: Commodity slowdown in China could be different this time Read More »
Today, the American Waterways Operators testified before two congressional committees on the state of the American maritime industry.Tom Allegretti, President & CEO, testified before the Senate Commerce, Science and Transportation Committee while acros…
AWO Testifies Before Congress Read More »