ONE has revised up its forecast of profit for this fiscal year to $90m owing to the stronger performance in…
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ONE returns to black in the first quarter Read More »
In theory, ‘virtual arrival’ would enable ships to reduce speed, and thereby emissions; in practice an academic study found charterers’…
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Charterers “behaving rationally” in rejecting virtual arrival clauses Read More »
The port’s trade with China declined by 3.94% to $971.71m as exports dropped 20.36% to $138.76m while imports fell only 0.52%to $832.95m
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Port of Boston sees impacts of Sino-US tariffs on container throughput Read More »
The recent rally of the dry bulk has prompted more dry bulk tonnage enquiries, with deals being concluded left, right and center, during the past few weeks. In its latest weekly report, shipbroker Banchero Costa said that there was “a lot of activity i…
Dry Bulk Second Hand Tonnage in High Demand Read More »
The first half of 2019 saw 201 cargo vessels sold for demolition (sum 2 million tonnes) 75% were scrapped at either Bangladesh or India, with Bangladesh receiving the majority share. Scrapping numbers were down c.18% compared to the first half of 2018….
201 Ships Scrapped During First Half of 2019 Read More »