The dry bulk market’s latest rally, most notably in the Capesize market, while welcome, isn’t entirely down to fundamentals and as such, could be short-lived. In its latest weekly report, shipbroker Allied Shipbroking noted that “while the Covid-19 pan…
Dry Bulk Market’s Rebound Not Directly Linked to Demand Growth Read More »
Reduced volumes are currently posing a major challenge to container shipping due to the COVID-19 crisis. So far, freight rates have been held up by the massive blanking of sailings that carriers have put in place. However, even before this crisis, the …
The 2010s: a decade of market imbalance and ultra large container ships Read More »
Ports can play a pivotal role in the world’s decarbonization challenge and provide a blueprint for industries and governments to cut pollution and transition to a cleaner energy future. By 2050, the total electricity generating capacity for industrial*…
Ship owners are turning towards second hand ships in the post-pandemic era, at least for now, turning their backs on newbuilding orders. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, the relatively good mom…
Second hand Ships A More Attractive Proposition for Ship Owners At Present Read More »
Exports of refined petroleum products from China declined by 51% month-on-month in May as the COVID-19 pandemic kept oil demand firmly depressed. Total volumes of refined petroleum products in May amounted to 3.8 million (m) tonnes, a glaring contrast …
Shipping Number of the Week: Chinese petroleum product exports drop 51% in May Read More »