Summer may be drawing to close in the northern hemisphere but for dry bulk shipowners, the positive tone could continue into early autumn as port delays and diversions provide continued upside, says Maritime Strategies International. July was another p…
Bottlenecks and inefficiencies are key upside risks for dry bulk market says MSI Read More »
Since the bottom out in demand in April, caused by the COVID-19 pandemic, volumes of US-bound containerised goods from the Far East have risen steadily. In parallel with the gradual recovery in imports, container freight rates rose significantly, as wi…
Container freight rates into US West Coast down USD 405 per FEU Read More »
Ship owners appear to have benefited from lower interest rates, when it comes to financing new deals. In its latest weekly report, shipbroker Intermodal said that “since the Covid-19 outbreak, governments and central banks around the globe have been us…
Pandemic Has an Unexpected “Silver Lining” for Ship Owners Financing-Wise Read More »
The maritime industry’s transition to the sulphur regulation from the International Maritime Organization (IMO) which came into force on 1 January 2020 has not been without problems. Since fuel oil properties are fluctuating, it is expected that qualit…
Industry survey shows switch to low-sulphur fuel has not been without problems Read More »
Cyber security is a major concern for vessels at sea today. The impact of unauthorized, and even authorized, access to ships’ systems can be catastrophic, potentially resulting in reputational, financial and environmental damage, robbery, piracy or sim…
How to achieve type approval for cyber security Read More »