More newbuilding orders were reported last week, as owners are ramping up their contracting ahead of the summer lull. In its latest weekly report, shipbroker Banchero Costa said that “in the Container sector, MSC placed an order of 2 x 21,700 teu at Zh…
Newbuilding Orders on the Rise Read More »
Major bulk, made up of iron ore, coal, and grains, export volumes through the first half of the year have consistently fallen below that of 2024, but still sit within normal ranges. The global geopolitical landscape has been marked by uncertainty, risi…
Steel, Crops & Coal: The Global Tug-of-War Read More »
Scrubbers move pollution from air to sea. Should shipowners rethink before installing them? The concern about air pollution by ships has forced the International Maritime Organisation (IMO) to come up with the designation of sulphur emission control ar…
Scrubbers: Cleaning the air, polluting the sea Read More »
The tanker market exhibited mixed performance during the previous month, OPEC said in its latest monthly report for June. Dirty tanker spot freight rates continued to see mixed movements in June. VLCC rates were volatile over the month due to geopoliti…
Tanker Market Showed Mixed Movements in June Read More »
Hapag-Lloyd and Maersk had set out to substantially improve vessel schedule reliability with the new Gemini Cooperation network, which started in February. Six months on, are shippers benefiting from the punctuality improvements they were promised? Whe…
Gemini raises schedule reliability despite congested ports Read More »