The record top line was achieved despite ‘severe congestion around the network’ that has driven down liftings and loadable capacity…
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China’s Pengrui Leasing freezes Milaha-linked SPV’s assets as it seeks security for arbitration proceeding
The dry bulk and tanker market fortunes are locked in opposite directions. The tanker market seems to be in a positive momentum, while the trend in the dry bulk market seems to be downward. In its latest weekly report, shipbroker Allied Shipbroking sai…
Tanker and Dry Bulk Markets In Opposite Directions Read More »
The recent run of newbuilding Capesize bulk carrier orders featuring dual-fuel LNG propulsion may have peaked, according to research and forecasting company Maritime Strategies International. The fall-off in interest in LNG-fuelled ships represents con…
Has the rush to order LNG fuelled bulk carriers run its course? Read More »
On April 5, 2022, Chinese authorities decided to expand a previously limited lockdown in Shanghai to put the entire city of 26 million residents into quarantine. Shanghai became the largest city to go into lockdown since the beginning of the COVID-19 o…