Steadily increasing support for the Gulf of Guinea Declaration on Suppression of Piracy, combined with Nigeria announcing significant investment to address the ongoing piracy issue in the Gulf of Guinea, raises hope that efforts are on the right track …
Industry’s support for piracy declaration rises to nearly 350 signatures Read More »
Revamped demand for commodities from grains to coal powered a surprisingly strong recovery in the dry bulk shipping market for the first six months of 2021. Both freight levels and earnings reached multi-year highs. Supramaxes have now taken the lead a…
Dry bulk supramax freight market surprises for the first half 2021 Read More »
Capesize It has been a decidedly mixed week on the large bulkers, with limited activity in the Pacific for the majority of the week. It did show signs of life on Friday with a strong cargo count in the North Atlantic. But sentiment seemed to weaken as …
Dry Bulk Market: Capesize Market Sentiment Weakens Read More »
Over the last few months, the topic of smart shipping and the various purposes of maritime IoT has been receiving increased media attention. A key point to remember is these terms mean different things to different people within the shipping ecosystem….
Evolution of Maritime Smart Shipping Strategies Read More »
Global shipyards are under pressure and 2021 is turning out to bring the third lowest level of newbuilding orders in 12 years, despite new orders for containerships currently at a 14-year high. Also under pressure are seafarers who, during the pandemic…