The multipurpose and heavylift shipping sector will see strengthening rates through 2019 fuelled by rising project cargo traffic, but prospects thereafter are muted by an anticipated slowdown in world trade. Drewry’s forecast acknowledges that the unce…
Heavylift shipping outlook clouded by slowing world trade Read More »
Beyond Helsinki’s stunning oceanic horizon lies a myriad of hidden, unspoiled islands just waiting to be explored. A mosaic of narrow channels and passages the archipelago is a sight to behold from the city’s coastline and yet it is only enjoyed upfron…
Towards a zero-emission maritime city journey Read More »
China’s increased use of scrap metal for its production of crude steel is fundamentally critical to the dry bulk shipping industry. Mostly Capesize ships are impacted by this, way beyond the temporary iron ore export disruptions in Brazil and Australia…
BIMCO Sees Hard Times Ahead for Capesizes Read More »
China’s decision to restrict its coal imports in 2019 below 2018 levels will dent demand for Panamaxes, but an ongoing tussle with Australia could be the silver lining. The Chinese government plans to curb the country’s coal imports by 3%-4% in 2019, t…
A Chinese punch on Panamaxes Read More »
In 2017, NORDEN’s dry bulk activities were successfully split into a Dry Operator and a Dry Owner unit to add resilience in versatile market conditions. Now a similar model is in the making in the company’s tanker business. “Increasing focus on short-t…
Tankers Ramps Up Focus On Short-Term Read More »