The newbuilding market, especially for bulkers and containers has been much more active during 2021. However, the end of the year has seen a decline in activity. In its latest weekly report, shipbroker Allied Shipbroking said that “activity in the newb…
Newbuilding Activity Higher in 2021 Read More »
One of the key lessons learnt during the pandemic and its aftermath, is that there is a need for increased resilience in supply chains. A survey conducted by the Business Continuity Institute showed that of the 526 responders across 64 countries, 34% o…
The English Appeal Court has concluded cargo underwriters are not excused from contributing in general average towards a ransom payment, notwithstanding the fact the voyage charterers contributed under the terms of the charter towards the additional wa…
The Polar – Reading between the lines Read More »
The tanker market ended year in lackluster mode, as rates were in downward trend for most classes. In its latest weekly report, shipbroker Affinity Research said that “despite the improvement in sentiment and momentum towards the end of last week, the …
Tanker Markets In Lackluster Mode Read More »
It is the time of the year when analysts and others take their crystal balls out of the closet for the annual dusting off. A new year with unwritten pages beckons, with yet unknown challenges and opportunities. The year soon to be consigned to the hist…
A Lost Year for Tanker Owners – Will 2022 Rates Offer Some Relief? Read More »