Last week the CEO of a large bunker trader wrote a great piece about how small and mid-sized shipping companies are not actively hedging their bunker exposure using derivatives. Bunker prices have risen $90 in the last month. To put this into context, …
The Future of Bunker Hedging Read More »
Ship owners have reentered the newbuilding market, but only for the segments which have shown the most potential. In its latest weekly report, shipbroker Allied Shipbroking said that “the vast difference in sentiment being noted between the dry bulk an…
Newbuilding Market of “Two Worlds” Read More »
DNV GL, the world’s leading classification society, has launched a new certification in infection prevention for the maritime industry. The release of this custom certification aims to help the maritime industry resume operations better prepared for CO…
DNV GL launches new certification in infection prevention for the maritime industry Read More »
The project “Advanced, Efficient and Green Intermodal Systems” (AEGIS) will develop new and more competitive systems for waterborne transport. Inland and short sea ships and their ports are critical parts of Europe’s transport system. With …
EU grants €7.5 million to research: Autonomous ships meet automated ports Read More »
A boost in dry bulk demand, mainly from China, would go a long way into alleviating fears of a new crash in the dry bulk market. In fact, signs over the first few months of the year had been encouraging. In a recent report, shipbroker Banchero Costa sa…
China’s Iron Ore Imports Could Offer Some Respite in the Dry Bulk Market Read More »