Is globalisation on the way out? Researchers at American investment bank and financial services firm Morgan Stanley argue that it might be as a mix of geopolitical shifts and secular trends are “conspiring” to slow down or reverse globalisation. Howeve…
Goodbye globalisation, hello ‘slowbalisation’ Read More »
On the back of the past couple of months’ turmoil in the Gulf Arab region, fixing a tanker on a charter basis is no easy task. In its latest weekly report, shipbroker Intermodal commented that “on the 12th of May four tankers were attacked near t…
Tanker Charters a Very Complex Affair Read More »
The recent firmness in India’s coal imports, which has been the main reason for increased rates in the Panamax market, is likely to continue as the Indian government’s plan to invest heavily in infrastructure will underpin domestic coal demand. Panamax…
Panamax owners rejoice as India’s coal imports surge Read More »
“It’s all about doing things faster and more efficiently, but still doing them well,” says Stener Olav Stenersen, Head of Services at the DNV GL Maritime Operational Centre in Høvik. Sending a surveyor to a vessel site costs time and money, and waiting…
Perfect combination Read More »
The demolition market has remained on a downward path this week, with recyclers offers declining and ship owners refraining from more deals. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the mood in the market slipped furthe…
Ship Recycling Market on Further Downward Slump Read More »