Shipowners are on the move as P&I clubs get tough on pricing
But underwriters say price hike not enough to wipe out losses and forecast future increases
Shipowners are on the move as P&I clubs get tough on pricing Read More »
February 2021
Teco 2030 goes for gigawatts with new hydrogen fuel cell facility
Oslo-listed innovator plans large-scale production plant in Norway
Teco 2030 goes for gigawatts with new hydrogen fuel cell facility Read More »
Star Bulk reports higher operating costs on crew changes
The dry bulk owner, which has been on a buying spree, says it remains optimistic about the market dynamics, with…
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Golden Ocean to Acquire 18 Modern Dry Bulk Vessels
Dry bulk shipping company Golden Ocean Group has entered into a Heads of Agreement to acquire 18 modern scrubbers fitted dry bulk vessels from affiliates of John Fredriksen’s Hemen Holding, which is Golden Ocean’s largest shareholder, for $752 million….
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Between the Lines: Boom or bust — carriers hard-pressed to ignore rate rewards
Carriers’ pricing behaviour shows prioritisation of short-term profitability over customer relationships, a move that while questionable would have seen them…
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