The tanker market’s demise so far this year, is reflected in the S&P market as well. In its latest weekly report, shipbroker Intermodal said that “unlike the Dry Bulk and Container sectors where freight rates have surged into 2021, the tankers mark…
Tankers Demand Falls in Line With Freight Market Read More »
Reefer container freight rates have risen sharply through 2021, but in contrast to dry cargo rates, are forecast to rise further in 2022, driven by catch up on North-South routes, according to Drewry’s recently published Reefer Shipping Annual Review a…
Reefer container freight rates to outgun dry cargo rates in 2022 Read More »
You might be mistaken for thinking that I am referring to the typically British weather that we have had recently, whereby what could have been a gloriously sunny summer has been interrupted by biblical rains and high winds. Alas not, as awkwardly Brit…
FIS: Ship Shape: When It Rains It Pours Read More »
The offshore giant stays in the red but reactivated seven vessels in the second quarter
Tidewater sees narrower losses and more ships on the water Read More »
Shipbuilder Nichols Brothers Boat Builders (NBBB) said it has delivered the second of two 255-passenger-only ferries to Kitsap Transit of Bremerton, Wash. Like the first-in-class-vessel the Enetai, the Commander outperformed design expectations during …
Nichols Brothers Delivers Second Ferry to Kitsap Transit Read More »