Mrs Joshi will hold the position of managing director until May 2022
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The offshore supply vessel (OSV) industry has emerged from its 2017 trough, thanks in large part to a slight shrinkage of the active fleet, a string of debt restructurings, improved cost management, and an uptick in drilling activity in a few regions.
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The Capesize dry bulk market experienced another rollercoaster year in 2019, beginning in dire straits, improving gradually, then rallying, before retreating once more as the year faded. In its latest monthly report, shipbroker Banchero Costa said that…
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Carriers test new IMO charges in the spot market, which are implemented and accepted on some routes. Huge disparity in charge levels. Most carriers have implemented so-called “IMO 2020 transition charges” from 1 December, leading to higher spot rates, …
IMO transition charges kick-in in spot market Read More »