Newbuilding activity has witnessed a summer slowdown, but still several significant deals were concluded last week. In its latest weekly report, shipbroker Banchero Costa said that it was “a busy week for MSC: the company is expanding its fleet with a …
Newbuilding Activity Witnesses Summer Slowdown Read More »
“When only six ships with a capacity of 4,746 TEU were contracted in the fourth quarter of 2023, many might have thought that the container ship contracting spree that began in 2021 had finally cooled. However, the appetite for new ships remains high a…
Container ship contracting spree now exceeds 10 million TEU Read More »
The summer holidays are over and this is the time of the year when children go back to school and when many logistics procurement managers start to plan their annual transport bids for calendar year 2025. So, what are the key considerations to pay atte…
2025 ocean bids – 4 key considerations in a disrupted market Read More »
Over the past few months, scrapping activity has remained in the low end of things, as owners prefer to trade older ships, instead of scrapping them. In a recent weekly report, shipbroker Xclusiv said that “scrap activity remains subdued in 2024 mainly…
Weakness is the Norm for Scrapping Activity Read More »
More than two and a half years after Russia’s full-scale invasion of Ukraine, reports have surfaced about the emergence of ‘shadow’ liquefied natural gas (LNG) vessels. Mirroring tactics previously used for oil exports, unknown companies are purchasing…
The rise of ‘shadow’ LNG vessels: A new chapter in Russia’s sanctions evasion strategy Read More »