Uncertainties surrounding the coronavirus outbreak, the trade war and volatility in oil prices are governing business decisions being made in 2020. Shipyard demand will likely encounter a further blow given the vast disruptions to economic growth and t…
Capesizes Looking Best For Short Term Gains But Feedermaxes Are In It For The Long Haul Read More »
EBITDA forecast worsens, keeping outlook negative. We now expect the aggregate EBITDA of rated shipping companies to fall by around 16%-18% in 2020, widening from our previous projection of a drop of around 6%-10%. We expect the global economy to shrin…
Moody’s: Global shipping earnings forecast cut as supply set to outstrip demand Read More »
This year so far has been full of events which have affected many global markets, including the bunker market. While the spread of Covid-19 reduced crude oil demand, the production cuts changed not only the supply of crude oil but also its composition….
Fuel oil tightness means shipowners pay more for bunkers in ARA Read More »
To decarbonise maritime transport, the Environment Committee voted on Tuesday to include CO2 emissions from the maritime sector in the EU Emissions Trading System (ETS). The Commission has put forward a proposal to revise the EU system for monitoring, …
Container lines have done well during the global pandemic, but are they profiteering from the crisis and can anything be done to prevent more carrier-shipper animosity? Container shipping lines are one of the few sectors that can be said to be having a…
When big profits look bad Read More »