More deals are being reported in the newbuilding market, as ship owners are proceeding with further investments. In its latest weekly report, shipbroker Allied Shipbroking said that “things in the newbuilding pivoted over into a more fervent orbit as o…
Newbuilding Orders Picking up the Pace Read More »
As the VLCC market goes from strength to strength, we’re exploring some of the factors that are driving this trend. Oil demand across the world remains robust and is closing in on pre-Covid levels. At the same time, production levels are improving, and…
In September 2022, head-haul and regional trade volumes were lower than in 2021 into all import regions except the Far East. Remarkably, volumes into North America, which led the surge in volumes during COVID, saw the greatest loss at -20.6% y/y. For c…
September head-haul volumes fall 15.5% y/y as liner landscape faces change Read More »
The ship recycling market has continued to show a lack of activity over the past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “unlike the skies that will be lit above this weekend for the annual fireworks festivities, …
Ship Demolition Continues its Lackluster Trajectory Read More »
Through the unprecedented rise in digitalisation across most sectors, cyber criminals now have more avenues of attack. The attacks are also becoming increasingly diverse, with ransomware, malware, viruses and hacks gaining popularity while at the same …
Cybersecurity: A sea of change ahead Read More »