A surge in newbuild orders and a global shortage of berths have created new opportunities for private yards to expand
How China has taken a generational grip on the global shipbuilding industry Read More »
Newbuilding orders for container ships have been on the rise lately. In its latest weekly report, shipbroker Banchero Costa said that “containerships continue dominating activity. Jiangsu Rongsheng Heavy Industries will soon be re-opened after it cease…
Containership Newbuilding Orders on the Rise Read More »
Just ten months into 2024, shipyards’ deliveries of container ships have reached a new annual record. A total of 410 ships with a capacity of 2.5m TEU have been delivered, surpassing the previous full year high of 2.3m TEU in 2023,” says Niels Rasmusse…
Container ship deliveries hit new record of 2.5 million TEU Read More »
Drewry’s new online Intra-Asia Container Market Insight service confirms that growth in the intra-Asia container shipping market, which over the last five years (2019-2023) registered a compound average growth rate (CAGR) of 3.6%, far outpaces growth i…
Shipments of limestone on the Great Lakes totaled 3.3 million tons in October, a decrease of 13.1 percent compared to a year ago. Limestone cargos were also below the month’s 5-year average by 9.6 percent.The Lake Carriers’ Association, the U.S.-flag G…
Lakes Limestone Trade Down in October Read More »