Japanese shipbuilders opt for alliances rather than mergers
Struggling shipyards prefer to work together rather than merge, but will that be enough to save them?
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October 2020
CDC lifts US no-sail order amid Covid but requires trial voyages
Federal agency puts together a ‘Framework for Conditional Sailing’
CDC lifts US no-sail order amid Covid but requires trial voyages Read More »
China’s Crude Oil Imports: Trading Patterns Largely Unchanged So Far This Year
China has emerged as a major “player” in the crude oil import market. In a recent weekly report, shipbroker Banchero Costa said that “China’s crude oil imports exceeded all expectations so far in 2020, as the country tried to take advantage of very low…
China’s Crude Oil Imports: Trading Patterns Largely Unchanged So Far This Year Read More »
Does volatility in Baltic TCE rates drive tanker shipping stocks?
The surge in COVID-19 cases in the past few days took a toll on stocks of tanker shipping companies and key US market indices. Dow Jones Industrial Average (DJIA) and Nasdaq slid 1,816 points (6.4%) and 543 points (4.7%) respectively between 23 October…
Does volatility in Baltic TCE rates drive tanker shipping stocks? Read More »
Waves Of Change: Assessing The Potential Impact Of A Carbon Levy On Shipping Costs
The year 2020 has been one of unexpected change and it has been no different for the maritime space. On January 1, the International Maritime Organization (IMO) started enforcing a new regulation (IMO 2020) that caps the allowable sulfur content of all…
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