Norway/Uruguay-based Pesquera Azul’s has successfully trialed an innovative catch protection cage in whale-rich waters in the southern Indian Ocean. The company says it is a potential game-changer for the longline fishing industry as it grapples…
Longline Fishing Company Successfully Trials Whale Depredation Solution Read More »
The dry bulk market has been on a growth “spree”, as a number of disruptions in key waterways have had an impact on tonnage availability. In its latest weekly report, shipbroker Xclusiv said that “the midsize dry bulk segments have reached 4-month high…
Dry Bulk Market: “Rising Tides” as Water Levels Drop in Various Hubs Read More »
Newbuild contracting activity during the past five years has been low at about 5.46 million DWT per year. In addition, the product tanker order book hit a low of 9.67 million DWT in December 2022, the smallest order book since June 2001. Due to the low…
Year-to-date product tanker newbuild contracting hits 10-year high Read More »
The unwinding of supply chain inefficiencies and rising vessel orders are set to dampen positive deadweight demand in the dry bulk market according to Maritime Strategies International. COVID-related supply chain inefficiencies and associated port cong…
Dry bulk trade volumes positive but prospects hold downside risks says MSI Read More »
Demand outweighs supply in these regions, according to BRS Shipbrokers
Supramax bulkers hit 10-month high as Black and Mediterranean seas stay ‘very hot’ Read More »