In 2017 it was 35 years ago that the Memorandum of Understanding on Port State Control was signed by 14 countries. Since then the agreement has expanded to 27 members and was renamed to Paris Memorandum when other MoUs emerged. Over the past three year…
Paris MoU Notes Rise of Ships Detained in its Latest Annual Report Read More »
Ship owners are looking for investment opportunites in the dry bulk market, as they are waiting for the market to make a full recovery in the coming months. Over the course of the past week, according to the latest weekly report from shipbroker Allied …
Dry Bulk Newbuildings In Focus Read More »
The trade war is a speeding train, accelerating with every trade-restrictive retaliatory measure imposed and becoming ever more difficult to stop. The long-term effect provides uncertainty and could possibly derail current global growth if the measures…
Overview Of The Trade War And The Effect On Shipping Read More »
The price of prime aged vessels is expected to rise over the next two years. Putting extended trade disputes aside, most market segments have favorable tailwinds. The contraction of yard capacity is expected to support the replacement value of ships, w…
LR1 Tankers, Handysize Bulkers and Panamax Containers: Q2 Forecast winners Read More »
The product tanker market is up against some challenging conditions and owners are likely to have to be more patient in the wake of some not favorable conditions. In its latest weekly analysis, shipbroker Charles R. Weber commented that “Product export…
Product Tankers Enter Challenging Market Conditions’ Mode Read More »