Shipping is a capital-intensive industry, which is heavily dependent on debt financing. LIBOR (the primary benchmark for short-term interest rates globally) has started to increase at a faster pace over the past five months compared to prior increases …
Capesize A turnaround in fortunes for the big ships as the week ended, with rates recovering generally, although the North Atlantic remained slow. Even with increased Brazil activity and rates up, the momentum needed to be maintained to sustain recent …
Dry Bulk Market: Capesize Market on Recovery Mode Once Again Read More »
In what appears to be an encouraging sign, in terms of future tonnage supply, the ships’ demolition market seems to be very much alive. In its latest weekly report, Clarkson Platou Hellas noted that “despite Ramadan in full proceedings, there remains h…
Ships’ Demolition Market Still Very Much Active Read More »
Last year, although there were many fluctuations in freight markets, the long-standing shipping recession seemed to be coming to an end. The beginning of 2018 finds our shipping industry maintaining the highest position internationally, controlling abo…
One thing is certain in today’s world of free trade: nothing is what it seems to be. We are navigating through a minefield of contradictory trade policies and statements from the U.S., the EU and China. Other dangers are political discontinuity in Ital…
Global Trade Navigating Through a Minefield Read More »