Paolo d’Amico says West’s oil price cap is hurting Russia and could quell India’s appetite
A combination of the price cap and fleet dynamics may turn against Russian exports to India
July 2023
High-cost value-added ships help shipbuilding giant HD KSOE swing back into profit
Group says it has achieved 94% of its annual order target
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Comment: Why the Chinese dragon refuses to roar for dry bulk
The workshop of the world is defying maritime optimists as it makes ‘tortuous progress’ towards economic recovery
Comment: Why the Chinese dragon refuses to roar for dry bulk Read More »
Singapore Completes First Methanol Bunkering
Maersk and Hong Lam Marine have conducted the world’s first ship-to-container ship methanol bunkering operation of a Maersk’s container vessel at the Raffles Reserved Anchorage in Singapore.This was also Singapore’s first methanol bunkering…
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Dry Bulk Market: Russia’s Exit from the UN Black Sea Grain Initiative Will Have an Impact on Market
The dry bulk market will be effected by Russia’s exit from the UN Black Sea Grain Initiative. In its latest weekly report, shipbroker Xclusiv said that “earlier this week Russia stepped back from the UN Black Sea Grain Initiative. Moscow announced that…