Liner companies swamp Hyundai Mipo for feeder boxships
Strong newbuilding demand, limited berths and high material costs are expected to drive up yard prices
Liner companies swamp Hyundai Mipo for feeder boxships Read More »
April 2021
Newbuilding Market Picks Up its Pace
Demand has picked up in the newbuildiing market, with an increased number of orders being report over the past week. In its latest weekly report, shipbroker Allied Shipbroking said that “it was a week with some very interesting fresh deals in the newbu…
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North America’s February container imports jump 100% from Far East
North American import of containerised goods from the Far East soared to a noteworthy high of 1.62m TEU during February 2021, a 100% increase from the low point of the same month last year. Fuelled by US stimulus, volumes moving on the trans-pacific tr…
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Multipurpose earnings rally at risk from overordering in competing sectors
The rapid recovery in earnings for multipurpose vessels is expected to slow from the second half the year as capacity constraints and supply chain disruptions in competing sectors ease, according to Drewry’s Multipurpose Shipping Annual Review & Fo…
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ENGINE: East of Suez Bunker Fuel Availability Outlook
Lead times for low sulphur bunker stems are shorter in Singapore, Japan and South Korea this week, while supply has tightened slightly in Fujairah. Singapore’s total fuel oil stocks grew by another 2% last week, reaching a four-month high of 23.62 mill…
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