Safety concerns and high fuel costs said to be key drivers behind the figures, while SSY also reveals dry bulk newbuilding orders have shrunk to levels last seen in 2016
Converted VLOCs make up nearly half of bulker tonnage scrapped in 2020 Read More »
Clarksons Platou’s Nokta says owners need to shake things up if they want to improve valuations
Analyst takes wrecking ball to pure-play owner model, but will diversity help NAVs? Read More »
Ultramax SBI Hera is latest to be dealt in owner’s transition, owner confirms
Scorpio Bulkers sells third vessel of week as wind push continues Read More »
Chief executive Bjorn Jebsen stays mum on extent of partnership with MUR Shipping
Kristian Jebsens Rederi chops annual loss and expects profit in 2020 Read More »
Pledge may lead to more transparency and accountability across the industry
Sea Cargo Charter ratchets up pressure on box carriers over CO2 emissions Read More »