Red Sea salvage of stricken Delta tanker about to start, EU and US say
European warships will protect private tugs
Red Sea salvage of stricken Delta tanker about to start, EU and US say Read More »
September 2024
Shipowner Solvang pushes ahead with record-breaking onboard carbon capture project
Company to retrofit full-scale system on gas carrier
Shipowner Solvang pushes ahead with record-breaking onboard carbon capture project Read More »
Container Ships Dominating Newbuilding Orders
Container ships have been the “darlings” of the newbuilding market. In its latest weekly report, shipbroker Banchero Costa said that “the newbuilding market is still dominated by containerships orders. There is a massive action taken by the main player…
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Greek Ship Owners Dispose of their Older Ships
A clear trend has emerged in the S&P market so far in 2024. Greek owners have been aggressively selling their older ships, capitalizing on increased buying demand and adding cash in order to invest in their fleet’s modernization and future complian…
Greek Ship Owners Dispose of their Older Ships Read More »
Are buoyant dry bulk markets bracing for fourth quarter iron ore angst?
The summer has been upbeat but tight monetary policy and bearish steel indicators suggest a bumpy landing in a normally positive quarter London and Singapore, 2 September 2024. Cash-rich dry bulk shipowners returning from their summer vacations have en…
Are buoyant dry bulk markets bracing for fourth quarter iron ore angst? Read More »