There have been some dramatic developments since the last edition of the Leading Maritime Cities of the World (LMC) report was published in 2019. For one, we have been living with the pandemic. Ships have been stuck in ports, seafarers have been maroon…
Leading Maritime Cities Playing A Key Role In The Green And Digital Shift Read More »
The tanker market isn’t expected to receive any sort of boost from the Chinese market, at least for the foreseeable future. In its latest weekly report, shipbroker Gibson said that “on February 1st China will enter the year of the tiger. 2021 saw total…
China Not a Positive Factor for Tankers at Present Read More »
Capesize The Capesize market looked to have found a bottom by week’s close as rates descended throughout before bouncing back a little at the end. The 5TC weighted average opened the week at $7,390, descended to a low of $5,826 before settling at week’…
Dry Bulk Market: Capesizes Find Bottom Read More »
Container shipping: The container shipping sector looks set to continue its extraordinary profitability cycle in 2022, given the current supply chain logjams and the rising threat of the Omicron variant. We expect the situation to normalise slightly af…
Drewry Maritime Financial Insight – January 2022 Read More »
With the shipping industry gradually expected to move towards cleaner fuels, ordering a newbuilding vessel today can be a very difficult “exercise” from a compliance and financial point of view. So what are the options that ship owners have opted to ch…
Shipping Decarbonization: Solving the Newbuilding Ordering Conundrum Read More »