Ship recycling market activity has remained limited throughout the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the market in India has firmed this week, with local steel sentiment sh…
Ship Recycling: Limited Activity Persists Read More »
Global trade routes are increasingly vulnerable as the world’s narrow shipping passages, known as maritime chokepoints, face mounting threats from both human-induced hazards such as conflict, piracy, and terrorism, and natural hazards driven by extreme…
Economies face $14 billion in annual losses from maritime chokepoint disruptions Read More »
The shipping industry has always been good at navigating uncertainty; however the rapid expansion of the shadow fleet represents a different kind of risk. It’s not just regulatory or geopolitical; it’s informational. Each vessel that goes dark removes …
Demand for dry bulk carriers, both newbuildings and second hand, has remained elevated over the past week. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, COSCO Shipping placed an order of 4 x 210,000 dwt newcastle…
Dry Bulkers Still in High Demand Read More »
For anyone who has worked in shipping, the importance of Greece is beyond question. It is a market that has shaped global trade and maritime practice for generations, and it continues to do so today. For The Swedish Club, Greece has been a cornerstone …
Greece at the Heart of Shipping: Reflections on 45 Years Read More »