Greek ship owners have been rather active in the dry bulk S&P Market this year, with the second half of the year, proving to be a much more active period for deals. In its latest weekly report, shipbroker Intermodal said that “as we are moving towa…
Greek Owners Responsible for 36% of S&P Deals in the Dry Bulk Segment Read More »
A fall in Chinese coal demand and a second round of European virus lockdowns has deflated a nascent dry bulk recovery, despite strong demand for iron ore. The latest MSI HORIZON* monthly sector report notes that spot freight rates for all bulker benchm…
Second round of lockdowns takes wind out of dry bulk recovery Read More »
Innovation is touching every corner of the shipping industry, with major changes underway in the way owners are buying bunkers. Rising oil volatility has caused an increasing number of shipping companies to start procuring their fuel months in advance….
Shipowners Rush to Bunker Hedging Read More »
Public-private partnership is orchestrating long-term recovery for the island of Mauritius as Japan Inc shoulders cost of cover shortfall
Japanese government and MOL line up aid for Wakashio fallout Read More »
GE’s Power Conversion business has been awarded a $40 million contract to supply the power and propulsion systems for two National Security Multi-Mission Vessels (NSMV). This new class of purpose-built ships for the U.S. Department of Transportation’s……
GE to Supply Propulsion Systems for MARAD’s New Training Ships Read More »