A significant increase in trade volumes can be seen following on from the lifting of US sanctions in January 2016. A seasonal pattern can be observed in ton-mile exports post January 2016, with total volumes rising in the Autumn months in preparation f…
Greek owners most likely to be affected by US Sanctions on Iran Read More »
Clarkson PLC announces unaudited interim results for the six months ended 30 June 2018. Overview – Revenue of £152.6m (2017: £156.8m) – Underlying profit before taxation1 of £19.2m (2017: £24.5m) – Profit before taxation of £18.0m (20…
Clarksons Sees Improved Financial Performance in the Second Half of the Year Read More »
The industrial services provider Bilfinger is conquering new markets thanks to its scrubber technology. In the past weeks alone, the group secured contracts from several Greek maritime shipping companies to fit out at least 42 vessels with so-called ‘s…
Scrubber Technology: Bilfinger Secures Orders Worth Millions from Maritime Shippers Read More »
Capesize Expectations of a further push in the market were largely unfulfilled last week as rates come under pressure in Asia as the North Atlantic trading eased and rates slipped back. West Australia/Qingdao failed to reach $10.00 and dropped to aroun…
Dry Bulk Market: Rally Expectations Falter Read More »
The overall value of bulk carriers on the water remains higher than the global Tanker fleet. However, the amount of money being invested in new Tankers outweighs the interest being reported in the dry segment. The breakdown in new orders for the Tanker…
Tankers Orders Take Top Spot Read More »