EU Resumes Hyundai, Daewoo Deal Probe
EU antitrust regulators have restarted their investigation into world No.
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June 2020
Light at the End of the Tunnel for Ship Recycling
The ship recycling market seems to be geared to come back to life after a prolonged period of hiatus. In its latest weekly report, shipbroker Clarkson Platou Hellas, commented that “with various reports this week suggesting the lockdown across the Indi…
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Dry bulk trends as we enter summertime: The Baltic Dry Index has hit 1–month high on firmer demand for bulk carriers offering some relatively optimistic signs
Capesizes supported by firm iron ore demand The capesize segment is seen supported by the robust steel production in China, the world’s largest steelmaker. This, in turn, has increased demand for the raw ingredient of iron ore and therefore has b…
The Future of Bunker Hedging
Last week the CEO of a large bunker trader wrote a great piece about how small and mid-sized shipping companies are not actively hedging their bunker exposure using derivatives. Bunker prices have risen $90 in the last month. To put this into context, …
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Port of Aarhus Orders New Tug from Uzmar
The Port of Aarhus and UZMAR Shipyard connected May 29 via video conference to finalize a contract for the construction of a new RAmparts 3000 series tugboat for delivery in summer 2021.Denmark’s largest container port said it invested approximately 45…
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