The d’Amico Group announced Cesare d’Amico has taken over as chief executive officer of the Italian shipowner’s dry cargo business unit.Cesare d’Amico, who already serves as CEO of d’Amico Società di Navigazione SpA, has always been directly…
New Leadership for d’Amico’s Dry Cargo Business Read More »
China’s demand helped sustain dry bulk seaborne trade during the year of the pandemic that was 2020. As a result, an economic rebound with the added emphasis on infrastructure is expected to further improve demand for Australia’s iron ore moving forwar…
When the Ever Given megaship blocked traffic in the Suez Canal for almost a week in March, it triggered a new surge in container spot freight rates, which had finally started to settle from the all-time highs reached during the COVID-19 pandemic. Shipp…
Shipping during COVID-19: Why container freight rates have surged Read More »
Experts at this week’s Baltic Freight and Commodity Dry Bulk Forum, part of Singapore Maritime Week, downplayed talk of a commodity super cycle, which has been raising pulses in the sector. But while they stopped short of acknowledging the super cycle,…
Talk of super cycle dismissed Read More »
Belgium-based Euronav has ordered two very large crude carriers (VLCC) from South Korean shipbuilder Hyundai Samho, with an option for a third.The fuel-efficient newbuilds will be liquefied natural gas (LNG)-ready, and Euronav said it is working…
Euronav Orders Two Ammonia-ready VLCCs at Hyundai Samho Read More »