New York-listed parent of Seaspan Corp reveals a dip in fourth-quarter profits, but not enough to prevent full-year earnings growth.
Prem Watsa’s Fairfax spends $78.7m to lift Atlas Corp stake to $2bn Read More »
There wasn’t too much movement in the S&P or the newbuilding markets this past week. In its latest weekly report, shipbroker Allied Shipbroking said that it was “a very quiet week for Newbuilding orders, with only one notable deal coming to light. …
Newbuilding Ordering Activity Slows Down Read More »
In recent years the world fleet of bulk carriers has become noticeably older, with the average age increasing by about a third, amid very low scrapping. This ‘maturing’ vessel longevity trend may continue in the near future, although further ahead tigh…
An ageing bulk carrier fleet Read More »
“In 2022, Chinese shipyards reached a market share of 47% and for the first time exceeded the combined market share of Japanese and South Korean shipyards,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. Ships delivered to new owners by Chinese…
Chinese shipyards hit record 47% market share in 2022 Read More »
MacGregor, part of Cargotec, has been selected to supply RoRo equipment for two 8000 LM RoRo vessels built by Hyundai Mipo Dockyard (HMD) in South Korea for Cobelfret CLdN, Luxembourg.The order, booked into Cargotec’s first quarter 2023 orders received…
MacGregor to Equip Cobelfret CLdN RoRo Pair Read More »