While earnings have remained at healthy levels moving into the final quarter of the year, this has little to do…
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Fundamentals trip up dry bulk market yet again Read More »
The demolition market in SouthEast Asia is about to transform over the next few years, after India’s approval of the Hong Kong Convention for the “green” recycling of ships. In its latest weekly report, GMS, the world’s leading cash buyer s…
Demolition Market: India’s Approval of the Hong Kong Convention is a Game-Changer Read More »
The fundamental balance in the market has worsened in 2019 with supply growth outstripping demand, and BIMCO expects that this will continue into 2020. Demand drivers and freight rates After peaking in September, the fundamentals of the market have beg…
The Secretary-General of the International Maritime Organization (IMO), Mr. Kitack Lim, has opened the Organization’s 31st Assembly session, calling for concrete action to address climate change and other challenges. “In so many areas, we a…
IMO Secretary-General opens 31st Assembly with a call for concrete action Read More »