2021 saw significant trends and changes in the Shipping industry with record breaking Container demand, surging steel prices, and the threat of returning lockdowns as new Covid-19 variants emerged. These factors have combined to result in a diverse dem…
VV: 704 Vessels Were Sold for Scrap in 2021 Read More »
Ship management firm Eastern Pacific Shipping (EPS) announced it will no longer carry coal cargos on its bulk carrier vessels as a matter of company policy aimed at supporting the global transition away from the fossil fuel.EPS’ commercially…
Eastern Pacific Says It Won’t Carry Coal Read More »
First capesize transaction in several weeks confirms that freight rate decline is affecting secondhand values for big ships
Safe Bulkers breaks capesize S&P market hiatus in $33.8m deal Read More »
US seaports must share digitalised information with cargo owners, American Association of Port Authorities’ Chris Connor says
US funding ‘a great start’ on congestion but long-term plan is needed, says AAPA CEO Read More »
Seven of eight Evercore ISI-covered tanker owners now expected to lose money in 2022, but share prices to firm from 40% discount to NAV
The tanker market recovery: it’s still coming, says veteran analyst Read More »