Owners to US government: give us direction
US-flag operators in Maritime Security Program call on politicians to articulate national maritime strategy to revive subsidised market.
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Maritime News
Bunker Fuels and IMO 2020: Dilemmas Everywhere
With just over a year until the new marine fuel regulations are put in place, ship owners are heavily investing in scrubbers, while others are still facing dilemmas, regarding their future plans to comply with these regulations. In its latest weekly re…
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Aframax Tankers and LR1s Among Top Future Investment Opportunities for Shipowners
Predicting the recovery in asset prices involves many factors, and the current strength of spot market returns, or term hire rates are only a part of the story. Value investors still have plenty of opportunities to acquire prime aged assets at a signif…
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Liner balance postponed
A gloomier world economic outlook and rising trade tensions have forced Drewry to downgrade its forecast for container demand over the next five years, according to the global shipping consultancy’s latest edition of the Container Forecaster. Drewry’s …
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Asia Maritime Pacific Merges with Fenwick Shipping Services
Asia Maritime Pacific and Fenwick Shipping Services announced Thursday that the two companies have merged their operations.Asia Maritime Pacific is a Handysize and minibulker owner and operator, headquartered in Hong Kong, with a fleet of over 40 moder…
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