Car carrier shipping is expected to continue its slow recovery, supported by improving utilisation and minimal vessel ordering. However, costs are rising while the trade outlook is vulnerable to rising geopolitical risk, which is expected to lead to mo…
Slow car carrier recovery to trigger more distressed asset sales Read More »
Tanker freight rates have rallied during the past few weeks, in the aftermath of the attacks on Saudi Arabia’s oil facilities. With production now almost reaching pre-strike levels, it seems that the tanker market is primed for a sustainable rall…
Tanker Market: Will it End 2019 With a Bang? Read More »
The escalating US-China trade war, if not settled in October as per the planned meeting between authorities of the two countries, will impact not only the Transpacific trade route, but also other major trade routes as China is the main demand driver. T…
A trade-war punch to chemical shipping Read More »
A top priority for all shipowners, operators, managers, and crews is the safety of the crew, vessel, and cargo. Data collected through global port State control (PSC) inspections indicate that deficiencies in safety equipment, procedures, and the failu…
The Marshall Islands Registry: Safe Operations = Successful Operations Read More »
Private equity owned or backed shipping companies are increasingly venturing in the ships-for-shares deals with listed ship owners. In an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com) Mr. Daniel Saunders, a Lo…
Ships for Shares Deals Are Here To Stay Read More »