The names of the British Royal Navy’s five next-generation Type-31 frigates have been announced by the First Sea Lord, Admiral Tony Radakin. Approved by HM The Queen, the vessels will be named HMS Active, HMS Bulldog, HMS Campbeltown, HMS Formidable…
UK Reveals the Names of Its New Inspiration Class Warships Read More »
Activity has continued to be more than healthy, in both the newbuilding and S&P markets over the course of the past week. In its latest weekly report, shipbroker Allied Shipbroking said that “things continue to look encouraging on the newbuilding m…
The beauty of shipping investments is their cyclical nature embedded in the industry and although there are always explanations and reasons for each leg of the cycle, usually ex post, the plain reality is that shipping rates go up and down because this…
Dry Bulk Correction Underway. Where is the Bottom? Read More »
The surge in US container imports continued in April when West Coast loaded imports amounted to 1.10m TEU. Imports had never exceeded this level until August 2020, and developments in the past nine months mean that April imports are only the sixth high…
US West Coast imports exceed 1m TEU in nine out of ten past months Read More »
Lead times are shorter for low sulphur bunker stems in Singapore this week, and Fujairah has better availability for all three fuel grades. Singapore’s fuel oil inventories dipped 3% last week, despite exports plunging to 8-month lows, according to Ent…
ENGINE: East of Suez Bunker Fuel Availability Outlook Read More »