Hong Kong-based shipping company Orient Overseas Container Line Limited (OOCL) has partnered with Microsoft’s research arm to improve network operations and achieve efficiencies within the shipping industry through applied Artificial Intelligence (AI) …
OOCL Partners with Microsoft for AI Project Read More »
The optimism surrounding the prospects of the dry bulk market in the long-term was enough to trigger additional newbuilding orders over the course of the past week. In its latest weekly report, Allied Shipbroking said that “it is true that newbuilding …
Dry Bulk Ordering Activity Rides Wave of Optimism Read More »
Asset values remain depressed across the clean Tanker markets, creating buying opportunities for prime age tonnage. Younger ships provide investors with an asset that is well placed to appreciate when the shipping markets do turn. LR1s have been unfash…
Time to buy the dip in LR1 Tankers? Read More »
The Baltic Exchange will be introducing a modernised code of conduct for shipowners, charterers and shipbrokers using the physical shipping and freight derivatives markets. Following a detailed review of the current arrangements led by law firm Norton …
Baltic Exchange sets out modernised Code for freight market Read More »
The Emauele Lauro-led tanker owner is on verge of revealing more than $300m in fresh liquidity with retirement of convertible notes soon to be in crosshairs.
Scorpio Tankers poised to sting money woes? Read More »