International Shipping News

RightShip: Climbing cases of seafarer abandonment places profits above people as $40 million is lost in unpaid crew wages

Reported rates of seafarer abandonment show no signs of slowing, with current figures listing 9,925 men and women cast adrift over the last 20-years. This is according to the latest research from leading ESG-focused digital maritime platform, RightShip…

RightShip: Climbing cases of seafarer abandonment places profits above people as $40 million is lost in unpaid crew wages Read More »

Drewry: Despite strong long-term investment case, looming uncertainties dampen our near-term outlook

After a slow start in 1Q22, stocks prices slumped for two consecutive quarters – 2Q22 and 3Q22. This further eroded the sectors’ valuation multiple (EV/EBITDA), which was trading at a multi-year low, opening a bargain window for investors. As a result,…

Drewry: Despite strong long-term investment case, looming uncertainties dampen our near-term outlook Read More »