Despite hopes that a quick economic recovery in China would boost iron ore demand, 2023 has so far been a disappointment for the dry bulk shipping sector. During the first three weeks of the year, iron ore shipments fell 13.1% y/y, the lowest volume si…
Baltic dry index slides as iron ore shipments kick off 2023 with 13.1% drop Read More »
The decoupling of the 2M alliance agreement with MSC in 2025 leaves Maersk in a tight spot. The Danish mega-carrier is too big to join an existing alliance and too small to go it alone. Despite all of the protestations from the two parties, the intense…
The ship recycling market has began 2023 in the same “serene” mode it left 2022. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “as we hop towards the end of January, market activity remains distinctively quiet with the lack o…
Ship Recycling: “Peace and Quiet” is the Norm Read More »
Not a portion of the globe was left untouched by the Covid-19 pandemic, and in its wake society changed. The consequences of the pandemic made technology a significant focal point; the need for faster connectivity and also the possibility of bypassing …
Digitalisation Beyond the Sea Read More »
Investors in middle aged dry bulk tonnage may be cheered by the impact of sustained higher recycled steel values, according to research commissioned by the Baltic Exchange. Analysis of the dry bulk carrier values undertaken by consultancy Zuoz Industri…
Shipping investment: Will higher steel values mean dry bulk carriers hold their value? Read More »