Port of Oakland builds out to retain balanced throughput
Port officials acknowledge occasional glitches but are generally upbeat about their strategy for the future
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Newbuilding Prices Stabilize, as Do Orders
Speculative orders have vanished from the newbuilding scene of late, with the majority of ship owners making moderate and calculated moves in the market. This has been the case so far in 2019, with prices stabilizing as a result. In its latest weekly r…
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Orders For New Ships: Cautious Investors Prevail
A more cautious investors’ approach to arranging additional new vessel capacity has been a notable feature of global shipping markets in the past few years. Since orders for newbuildings collapsed to a small volume three years ago there has been a revi…
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Port inventories’ nightmare to haunt Capes?
High iron ore inventories at Chinese ports and looming uncertainty in the global economy are threatening the demand for Capesizes. We believe demand for Capesizes in 2019 will be proportional to iron ore inventories at Chinese ports. Even though China’…
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Maersk chief warns low-sulphur rules could force more consolidation
The spread between low-sulphur and high-sulphur bunkers is expected to decrease after supply rises to meet demand
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