The dry bulk market has benefited from a resurgence in seaborne coal demand lately, with Indonesia in particular, emerging as a major exporter. In its latest weekly report, shipbroker Xclusiv said that “despite global efforts to transition several majo…
Coal’s Resurgence Going Strong, Boosting Demand for Bulkers Read More »
Dozens of newbuildings were contracted last week, as more owners are returning to the market. In its latest weekly report, shipbroker Allied said that it was “another busy week with almost 40 new vessels added to orderbooks. There has been solid buying…
Plethora of Newbuildings Contracted Last Week Read More »
The shipbreaking industry was a rather positive one over this past week, amid the Bahri week in Dubai and the forthcoming Diwali holidays during the next seven days. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that the past…
Positive Momentum in the Shipbreaking Industry Ahead of Regional Holidays Read More »
Shipyard’s lack of capacity could prove a main obstacle in shipping’s drive for decarbonization. In its latest weekly report, shipbroker Intermodal said that “shipyards play a critical role in steering the maritime industry toward sustainability, overs…
Stretched Shipyard Capacity Could Hinder Shipping’s Decarbonization Process Read More »
Capital Product Partners L.P. announced that it has entered into an umbrella agreement (the “Umbrella Agreement”) with Capital Maritime & Trading Corp. (“Capital Maritime”) and Capital GP L.L.C. (the “General Partner”) providing for the acquisition…