Clarkson Platou Securities’ Frode Morkedal expects autumn rates to boost shares, while Deutsche Bank’s Chris Robertson points to market uncertainty
Upside or uncertainty: Analysts offer divergent outlooks for dry bulk stocks Read More »
The international ship recycling malaise that has gripped the markets over these recent / summer months continues for another week, with minimal-to-no activity and barely any firm interest from recyclers, while fundamentals remain ever so fragile.Steel…
Malaise Takes Hold of Ship Recycling Markets Read More »
Classification society ABS announced it has appointed veteran offshore industry leader Miguel Hernandez to head its offshore division. The former MODEC general manager of sales and marketing is now ABS Senior Vice President of Offshore Business Develop…
ABS Hires Hernandez to Head its Offshore Division Read More »
More than 1,900 workers at Britain’s biggest container port, Felixstowe, have begun eight days of strike action that will cause disruption to trade and supply chains.The staff at Felixstowe, on the east coast of England, are taking industrial action in…
What Impact Will Strike at Britain’s Busiest Container Port Have? Read More »
The Baltic Exchange’s main sea freight index extended its slide on Monday, hitting a fresh 18-month low, as demand for capesize and panamax vessel segments remained subdued.The overall index, which factors in rates for capesize, panamax and supramax sh…
Baltic Dry Index Dips Further as Demand Weakens for Larger Vessels Read More »