Speaking at yesterday’s IUMI (International Union of Marine Insurance) annual conference in Toronto, Canada, Sean Dalton, Chair of IUMI’s Cargo Committee reported a 2.5% increase in 2018 global premiums to USD 16.6 billion. However, the inc…
The rebound of the dry bulk market over the course of the past few months, has triggered a flurry of investment in second hand tonnage. In its latest weekly report, shipbroker Intermodal noted that “we are going through one of the rare instances where …
Dry Bulk Market’s Momentum Triggers More Investment Read More »
Global growth in container volumes has picked up slightly in the second quarter of the year, with growth in the first seven months reaching 1.2%, compared to the just 0.8% in the first quarter. Demand drivers and freight rates Despite this rise, the gr…
Container Shipping: Ship Sizes Keep Increasing Despite Stagnant Volume Growth Read More »
When Jason Pomeroy was a young boy, several formative experiences left a lasting impression on him and went on to play a role in his career choices. “A distinct memory is walking with my father when I was eight years old around St Paul’s Cathedral in L…
Smart marine cities: Is water the world’s new real estate? Read More »
The ship recycling market is struggling to find its footing. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “No demand = No demand! For most of the week the market has remained in a subdued state with Buyers still reluctant to…
Ships Recycling Market Struggles to Find its Footing Read More »