“Wallenius has been concerned with environmental issues for many years, and this has guided us to our vision for truly sustainable shipping,” says Per Tunell, the company’s Chief Operating Officer. Kicked off in 2009, the goal of Oceanbird was to make …
Oceanbird ro-ro: Embarking on a new era of wind propulsion Read More »
Scrubber uptake has been quite widespread in the VLCC segment, with shipbroker Gibson estimating that up to 31% of the existing fleet already fitted with the systems, while by the end of 2021, that share is expected to increase to about 40%. Scrubber m…
One in Four VLCCs to be Fitted With Scrubbers By the End of 2021 Read More »
Dry bulk equities (aggregate seven stocks under our coverage) posted 21% negative returns during the full year 2020. However, since the beginning of 2021, these stocks have registered a gain of 15.7% so far (as of 12 January 2021). Going forward, the s…
High Commodity Demand, A Tailwind For Dry Bulk Shipping Stocks Read More »
Capesize The Capesize market surged this past week to a three month high, as a stronger outlook for the market took hold. Opening the second full week of the year at $21,131 the Capesize 5TC peaked mid-week at $26,489, before closing down to end the we…
Dry Bulk Market: Capesizes Push Forward Read More »
The tanker market could be set for a year of two halves, with the first half a continuation of last year and the second half expected to be much improved. In its latest weekly report, shipbroker Gibson said that “2020 was a rollercoaster year, one with…
Tankers: A Year of Two Halves Underway? Read More »