Capesize The Capesize market observed a shortened trading week due to the public holiday in the UK on Monday and another in Singapore on Friday. Trading in the Pacific region displayed consistent volumes throughout the week. The presence of all three m…
Dry Bulk Market: Capesize Market Trading Down in UK and Singapore Holidays This Week Read More »
The maritime sector is experiencing a remarkable shift with the emergence of hybrid ships as one solution to achieving net zero in shipping. In a paper, marine technology specialist Wärtsilä examines the latest trends shaping the course of hybrid ship …
Hybrid progress increases shipowner options Read More »
Pre-docking inspections provide an increasingly powerful means of ensuring a successful dry-docking, according to MacGregor Sometimes costly, periodically mandatory and ultimately inevitable, the drydock is part of the normal life of a ship. However, w…
Dry docking pre-inspection avoids future pain Read More »
Competition continues to decrease financing margins for shipowners Banks and Debt Funds are cooling their appetites on Dry and Tanker transactions due to asset values unjustified by current earnings Container financing has stabilised due to renewed fin…
Tankers at the Top and Offshore on the Up Read More »
Long-term ocean freight rates slid once again in August, marking the 12th consecutive month of declines for beleaguered carriers. According to the latest real-time data from the Xeneta Shipping Index (XSI®), contracted rates fell 7.8% in August, meanin…