The low numbers of bulker newbuildings bode well for the future, as supply is expected to be kept tight, with owners’ focus being container and LNG ships. In its latest weekly report, shipbroker Intermodal noted that “the newbuilding market activity ha…
Dry Bulk Orderbook Numbers Bode Well for the Future Read More »
Russia’s seaborne crude oil flows are trying to find new destination countries, while the US has already set an embargo on Russian oil. The E.U. is in the process of discussions for final approval by all member countries in the next six months with wav…
Russia’s Seaborne Oil Flows Changing Patterns Read More »
Leading chief economists have warned of a “substantial restructuring” of supply chains over the next three years, with both diversification and localisation expected. “Global supply chains have been increasingly redrawn over the past years, including t…
Supply chains set for “substantial” restructure Read More »
Spot rates for panamaxes also fall as they were also in high supply
Capesize bulker market slump extends for fourth day as tonnage overwhelms demand Read More »
Deal marks tanker owner’s second effort this year to raise capital by selling shares
Performance Shipping shares plummet after pricing $8m public offering Read More »