Broker hits back at Marsh Specialty’s view that protection and indemnity mutual should use their reserves to soak up losses — rather than impose general increases
P&I clubs are right to keep a tight grip on $5.5bn cash reserves Read More »
Analysts see differing fortunes for gas vessel shipowners in the coming months
Tale of two gas markets: LNG shipping strengthens but LPG weaker Read More »
Collective bargaining agreement rewards crew and recognises financial burden of pandemic on owners
Pay deal settles industrial relations row, for now Read More »
More carriers tipped to follow CMA CGM and Hapag-Lloyd in implementing price caps
Peak season brings records as container lines freeze freight rates Read More »
Average rates leapt up by over $5,000 on Friday, according to Baltic Exchange assessments
Capesize spot rates see second largest daily increase in over 10 years Read More »