The ship recycling market activity has suffered even more this past week, as holidays combined with an overall lack of tonnage. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “with the religious holiday of Eid being celeb…
Holidays Slow Down Demolition Activity Even Further Read More »
The maritime industry and ports are capital-intensive sectors. They’ve transitioned over the decades, based on the principle of economies of scale, massification and the integration of several key players into giant logistics supply chains. The quest f…
Turbulent prices on the high seas: Are calmer waters on the horizon? Read More »
Methanol as a commercially and technically viable marine fuel is gaining greater traction over other alternative bunkers, including LNG, as more shipowners adopt the clean burning fuel as price spreads narrow and production ramps up. Speaking at a virt…
Methanol-Fuelled Ships Less Costly To Build And Operate Than Those Burning LNG Read More »
Tanker owners could get a boost in terms of a rise of the freight market, after a dismal year so far. In its latest weekly report, shipbroker Allied Shipbroking said that “tanker owners are currently facing the most challenging period noted in the last…
Tanker Rates Could Soon Receive Some Positive Momentum Read More »
Surging container shipping cargo demand in the wake of the pandemic has resulted in a significant improvement in the global terminal capacity outlook, but this may not be sufficient to support forecast traffic levels, according to the latest Global Con…
Acceleration in port capacity investment insufficient to support cargo demand growth Read More »