A top-heavy delivery schedule and sluggish demand may force shipping lines to lower 2018 transpacific contract rates. A top-heavy delivery schedule sees two thirds of the 2018 ULCV order book delivered in the first quarter. Combined with sluggish post …
Will weak spot market end bull run for transpacific contracts? Read More »
When the International Maritime Organization (IMO) meets in London this week, the stakes are high. The IMO’s Marine Environment Protection Committee (MEPC) plans to adopt an initial greenhouse gas strategy, the first of its kind for the shipping sector…
Charting a course for GHG emissions and the shipping sector Read More »
Product tankers’ long term potential could be heading for a limelight, but not until the end of the decade. In its latest weekly report, shipbroker Gibson commented that “undoubtedly, 2017 proved to be a very difficult year for the product tanker marke…
2020 IMO Sulphur Cap Could Benefit Product Tanker Demand Read More »
Capesize The perfect storm for the big ships: with holidays, force majeure in two ore exporting ports and bad weather undermining the market. A lack of significant activity from Brazil left the market one-sided, with owners/operators reluctant to balla…
Capesize Market In “Perfect Storm” Read More »
It’s no secret – shipping is going through a tough time. And in tough times, owners need to do everything they can to help the bottom line. The industry has been rife with consolidations, bankruptcies, acquisitions and downsizing. But what else c…
6 Ways for Shipowners to Reduce Bunker Costs Read More »