Greek handymax suffers blaze in Southampton
Fire crews called to Western Docks as scrap metal cargo sends plumes of smoke skywards.
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Maritime News
Shipowners’ bodies call for more effort in ratifying Hong Kong Convention
The entry into force of the convention is critical with the expected increase in demand for ship recycling this year…
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Tanker Market: Is Mexico’s Oil Industry Shakeup a Factor?
In its latest weekly report, shipbroker Gibson said that “Mexico’s energy sector could be radically overhauled if the current frontrunner in the July elections wins office. Candidate Andres Obrador has indicated that major reforms will take place shoul…
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Are Banks Back into Shipping Finance? The outlook for 2018 and beyond
2017 was a year in which market sentiment, especially in the dry market, showed some improvement. In addition, global economic growth and international trade continued to grow at a robust pace approaching 4% p.a. overall. With the slowdown in new vesse…
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Dry Bulk Market: Capesize Market on Retreat Mode
Capesize A depressing time for the big ships as rates eased across the board, with the Atlantic particularly short of cargo, while levels in the East fell despite active fixing from West Australia. The lack of Brazil cargo continued to have a major imp…
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