The shipping markets are classically cyclical, but with extreme volatility. In fact, bulkers and tankers probably have the highest volatility of any major hard asset. The reason for this volatility is due to two main elements: the behaviour of shipowne…
Is globalisation on the way out? Researchers at American investment bank and financial services firm Morgan Stanley argue that it might be as a mix of geopolitical shifts and secular trends are “conspiring” to slow down or reverse globalisation. Howeve…
Goodbye globalisation, hello ‘slowbalisation’ Read More »
The recent firmness in India’s coal imports, which has been the main reason for increased rates in the Panamax market, is likely to continue as the Indian government’s plan to invest heavily in infrastructure will underpin domestic coal demand. Panamax…
Panamax owners rejoice as India’s coal imports surge Read More »
“It’s all about doing things faster and more efficiently, but still doing them well,” says Stener Olav Stenersen, Head of Services at the DNV GL Maritime Operational Centre in Høvik. Sending a surveyor to a vessel site costs time and money, and waiting…
Perfect combination Read More »
Judged by the numbers, container shipping and liquefied natural gas (LNG) is something like a love-hate relationship: The total number of LNG-fuelled ships on order, ready for conversion or already operating add up to 93 container vessels — that’s more…
Reinventing the wheel Read More »