Nordic American Tankers posts best results in years
Nordic American Tankers posts best results in years Read More »
May 2019
Greek Ship Owners Opt for Tanker Newbuildings, While Their Chinese Counterparts Invest in Dry Bulkers
Shipowners from Greece and China have exhibited a different approach in terms of their newbuilding “tastes”. In its latest weekly report, shipbroker, Banchero Costa said that “in the dry bulk market, major orders were recorded in China where U.S.-based…
Bunker volatility can eradicate an owner’s TC earnings
Earlier, we wrote how ship owners and operators can lose millions by not considering all their bunker options. Here we show that even if all options are considered, high price volatility between bunker ports means the choice needs to be continuously sc…
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Shipping Industry Expresses Concern Over Recent Trade Developments
A delegation from the International Chamber of Shipping (ICS), the Asian Shipowners’ Association (ASA) and the European Community Shipowners’ Associations (ECSA) has, at the World Trade Organization (WTO) in Geneva, expressed concern over recent increa…
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