Newbuilding ordering activity was on the downside this past week. In its latest weekly report, shipbroker Allied Shipbroking said that “the quietest week so far in September for new order contracting, with just 16 firm orders rumored this week – just o…
Newbuilding Activity Settles Down Read More »
In the third week of September, freight rates in the various ship categories increased significantly, indicating a robust upward trend. At the same time, there is a noticeable optimism in Chinese economic activity, supported by a number of strategic st…
This analytical piece provides an in-depth examination of current trends in blank sailings across major shipping routes, encompassing the Transpacific, Transatlantic, and Asia-North Europe & Mediterranean trades. Shipping firms cancel or exclude pl…
The ship recycling market is in a state of flux, as more offers are being presented to ship owners compared to the previous weeks. However, many yards are still absent from the market, in anticipation of more tonnage, most notably container ships, bein…
Container Tonnage Could Enter the Ship Recycling Market Read More »
With IMO targets becoming more ambitious, DNV’s latest Maritime Forecast to 2050 explores how shipping can reach its decarbonization goals. With an expected shortfall of carbon-neutral fuels, the maritime industry needs to explore all decarbonization o…
Exploring all options to keep decarbonization on course Read More »