The effects from the Coronavirus have started to have a negative impact on a number of shipping-related industries and markets, from the dry bulk market, to the tanker and from ship-repair businesses in China, to crew-training schools in the Philippine…
Effects on Shipping from the Coronavirus Effect Far and Wide Read More »
The shipping industry is in front of a monumental shift in its way of doing business, as the risk assessment tools of the past no longer apply, when it comes to making informed investment decisions. In its latest weekly report, shipbroker Allied said t…
Shipping Needs to Change its Business Model to Survive Future Crises Read More »
The Capesize market has long been in negative territory, leaving ship owners with older ships in their “arsenal” with little no options. As such, over the course of the past few weeks, there’s been a wave of sales for demolition. In its latest we…
Capesizes Sold for Scrap Increase In Numbers Read More »
Ship owners have refrained from newbuilding ordering activity this past week, but they’ve been rather active in the S&P market. In its latest weekly report, shipbroker Banchero Costa said that it was “fairly active in the second hand market. In the…
Newbuilding Activity Tumbles Down, But S&P Market Rather Active Read More »
The shipping markets have been reeling under the pressure of low demand, the product of the impact that the Coronavirus has had in the global supply chain. However, as shipbroker Intermodal and various analyst point out, when the outbreak is contained,…
Shipping Market Will Rebound: It’s Just a Matter of When not If Read More »