Last year, although there were many fluctuations in freight markets, the long-standing shipping recession seemed to be coming to an end. The beginning of 2018 finds our shipping industry maintaining the highest position internationally, controlling abo…
One thing is certain in today’s world of free trade: nothing is what it seems to be. We are navigating through a minefield of contradictory trade policies and statements from the U.S., the EU and China. Other dangers are political discontinuity in Ital…
Global Trade Navigating Through a Minefield Read More »
McAllister Towing has taken delivery of Rosemary McAllister, the second in a series of four 100’ x 40’, 80 metric ton bollard pull tugboats. The new vessel, the 32nd tractor tug in McAllister’s fleet, was completed at Eastern Shipbuilding in Panama Cit…
New Tug Joins McAllister Towing Fleet Read More »
DemandThe improved fundamentals during 2017 are clearly seen in the freight rate levels during the first four months of 2018. Freight rates for Handysize, Supramax and Panamax went up by 25-27 percent as compared to the same period of last year.
Dry Bulk Shipping: No Room for Newbuilds Read More »
Major ship brokerage sees other asset classes having much more limited ordering.
VLCCs aside, tanker ordering not bad: Gibson Read More »