It seems that ship owners will keep pumping more cash on newbuilding orders this year, at a heightened pace over 2017. In its latest weekly report, shipbroker Allied Shipbroking said that “with the Easter Holidays taking out many players out of action …
Newbuilding Orders To Pick Up Pace During Remainder of 2018 Read More »
Over the last decade, the global bulkcarrier fleet has expanded rapidly, more than doubling between the start of 2008 and March 2018 to total 822.5m dwt. China has played an important role, with the Chinese owned bulkcarrier fleet accounting for nearly…
Sizing Up China’s Bulkcarrier Fleet Read More »
The outlook for the container shipping market in 2018 and 2019 is a combination of healthy demand growth that will outpace the fleet; resulting in a better supply-demand balance and slightly higher freight rates and profits for carriers, according to t…
Slow and steady recovery for container shipping Read More »
Houma, La. shipbuilder Main Iron Works has secured contracts to build four inland push boats for Kirby Inland Marine. The four 2680 BHP twin propeller conventional towboats will measure 88’x35’x12’2” and will join Kirby’s inland towboat fleet for the t…
Main Iron Works Building New Towboats for Kirby Read More »
A 27-year-old crew member reportedly suffering from concussion-like symptoms was medevaced from a commercial Ro/Ro vessel approximately 14 miles east of Lake Worth Inlet, Fla. U.S. Coast Guard watchstanders in Miami received a call on VHF-FM marine-ban…
Concussed Ro/Ro Crewman Medevaced Read More »