BIMCO will open an office in Athens in the early summer of 2019. The objective is to have a stronger and closer dialogue with BIMCO’s Greek membership and to recruit more Greek members. The Greek shipowners are already the biggest group of BIMCO member…
BIMCO to open Athens office Read More »
Speaking in Istanbul, Simon Bennett, Deputy Secretary General of the International Chamber of Shipping (ICS) warned today that avoiding overcapacity and unsustainably low freight rates is still a major challenge ten years after the massive downturn of …
Oversupply Still Major Challenge Warns ICS Read More »
With the first quarter of 2019 already in the past, most dry bulk ship owners will be looking to forget it as soon as possible. Dry bulk rates have plunged as a result of a lack of cargoes, on the back of physical and other disasters, ranging from cycl…
Has it been a good year for shipping? Shipping has faced another challenging year as excess yard capacity and the resulting surplus of ships has continued to weigh on spot and term market rates. However, green shoots are appearing, and several long ter…
Listed Shipping Companies Invest In New Ships Read More »
Exports to China rose in January, reaching 1.4 million tonnes, up from only 69,079 tonnes in December and accounting for 30.7% of total US soya bean exports in January. This is the highest monthly exports to China since March 2018 which marked the star…
Chinese Purchases Of US Soya Beans Bounce Back In January Read More »