Chinese owners were the biggest investors in newbuild tonnage in 2022 and now hold the largest combined national fleet and orderbook globally
Chinese newbuild orders becoming more diversified and greener, says Clarksons Read More »
Activity in the ship recycling market has retreated even further during the past week, as the New Year celebrations in China, curbed demand. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “a quiet week has been experienced due…
Chinese Lunar Holiday Brings More Lull in Ship Recycling Market Read More »
January proved to be a dramatic month for long-term ocean freight rates, with the latest data from the Xeneta Shipping Index (XSI®) showing the largest ever month-on-month declines. According to the XSI®, which is based on crowd-sourced data from leadi…
The Global Centre for Maritime Decarbonisation (GCMD) and Olympic Shipping and Management SA (OSM) have signed an Impact Partnership Agreement, committing to a five-year collaboration to accelerate shipping’s decarbonisation across geographies. Onassis…
Houston barge operator’s inland fleet is expected to earn stronger rates this year
Evercore lays out expectations for Kirby profit growth in 2024 Read More »