The SnP market has been rising so far this year, both in terms of sales and prices. However, the latter could be starting to correct downwards, in the weeks to come. In its latest weekly report, shipbroker Allied said that “improving freight market con…
Inflated Prices for Second Hand Ships Could Face Downwards Pressure Read More »
Over the past eight quarters, ship recycling of bulkers, tankers and container ships has dropped to the lowest level in 20 years. A combination of strong demand following a series of market shocks and low orderbooks have kept older ships operating for …
Demand shocks drive ship recycling to lowest level in 20 years Read More »
Introduction On 20 September 2023 the Supreme Court of the United Kingdom handed down its much-anticipated judgment in Republic of Mozambique (acting through its Attorney General) v. Privinvest Shipbuilding SAL (Holding) and others [2023] UKSC 32. The …
To arbitrate or not: Does it “matter”? Read More »
Shipping demand shifts could emerge from the U.S., West Africa and China in the coming months. The Baltimore bridge collapse is expected to disrupt coal and car carrier sea trade in the U.S. East coast area, bit also LNG export trade. In its latest wee…
Shipping’s Demand in the U.S., Nigeria and China: What Lies Ahead? Read More »
In the aftermath of the Baltimore bridge collision, supply chain professionals are anticipating price hikes, as indicated by a significant rise in sentiment for container price increases. A rebound of freight volumes into the US this year, coupled with…