The rough estimate from the renowned shipping economist comes as he warns that ships built before 2020 could account for…
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$3.4trn investment to modernise fleet by 2050, says Stopford Read More »
DP World told arbitrators it should have pocketed $210m at Djibouti since it was ousted, shedding rare light on a lucrative business
DP World claims huge lost profits at Djibouti Read More »
Longer sailing distances cushion fall in US crude oil exportsTon mile demand generated by US crude oil exports has fallen by 9.7% in the first two months of 2021 compared with the start of 2020. The fall could however have been much worse; In volume te…
U.S. Crude Oil Exports: When ‘Less is More’ Read More »
Wärtsilä saw a record-breaking amount of scrubber deliveries in 2020 despite the COVID-19 pandemic. The company highlights the continued interest in exhaust gas abatement systems as long-term…
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Wärtsilä closes record-breaking year with scrubber order at JMU Read More »
The Jefferies Shipping Index gained an average of 40% in the first quarter with container and dry bulk names leading…
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Shipping stocks see record quarterly gains Read More »