U.S. President Joe Biden on Wednesday announced America’s return to the international Paris Agreement to fight climate change, the centerpiece of a raft of day-one executive orders aimed at restoring U.S. leadership in combating global warming.The…
Biden Announces Return to Global Climate Accord, New Curbs on US Oil Industry Read More »
The U.S. Maritime Administration (MARAD) said it will award $19.6 million in federal funding to support efficiency improvements and modernizations at America’s small shipyards.The investments awarded annually by the U.S. Department of Transportation’s……
MARAD to Award $19.6 Million in Small Shipyard Grants Read More »
The current market sentiment appears to be rather bullish when it comes to dry bulk newbuildings. In its latest weekly report, shipbroker Allied Shipbroking said that “this was another impressive week for the dry bulk newbuilding market, with buying ap…
Ship Owners Load up on Newbuilding Bulk Carriers Read More »
The year 2021 has started strongly for the Capesize market with a 10.4% increase in the number of journeys completed or underway in the first 20 days of the year compared to the same period last year (source: VesselsValue). This counter-seasonal upswin…
1,427 Capesize journeys in the first twenty days of the year Read More »
Following the release of its eleventh annual reefer analysis, Dynamar Shipping Information and Consultancy indicates that worldwide volumes of refrigerated trade reached a new high of 169.2 million tons in 2019, according to provisional figures, indica…
Reefers: Refrigarated Trade Reaches New Record, Led by China Read More »