As with many other industries, key players in maritime are increasingly spurred on to accelerate innovation and adopt new technologies in a bid to stay ahead of the curve. Although the uptake of technologies and innovation has been relatively slow in t…
Industry collaboration key to unlocking full advantages of technology in maritime Read More »
Capesize It was a positive end to the week, with West Australia/China making significant gains and firing owners’ resolve. There was talk that one of the majors paid $7.00 for 7-9 December cargo on Friday, with rates gaining 85 cents in a few hours. Ti…
Dry Bulk Market: Capesize Market Ends the Week on a High Read More »
In early 2017 Hugh Williams, Chairman and CEO of the Graig Shipping Group, and Andrew Westwood, Senior Vice President, Business Development Region South East Asia, Pacific & India at DNV GL – Maritime, met to brainstorm a new project. The two men w…
Reinventing Ultramax Read More »
Back in 2006, the famous documentary film starring former US Vice President Al Gore described global warming as “an inconvenient truth”. More than a decade later, the maritime industry might soon find this climate development living up to its movie-ass…
Average vessel operating costs rose modestly for the second year in succession following two years of marked declines, but cost inflation is set to accelerate on higher insurance premiums, according to the latest Ship Operating Costs Annual Review and …
Ship operating costs reach inflection point as inflation returns Read More »