The global economic landscape is undergoing a dramatic transformation, shifting from the unified globalisation model of the 1990s to a more fragmented system characterised by regional alliances and competing blocs. This shift, highlighted by Gilles Moë…
Shifting sands of global trade Read More »
With seasonality playing a big part, dry bulk shipping freight rates have taken a significant hit over the past few months. In its latest weekly report, shipbroker Xclusiv said that “the dry bulk freight market has experienced significant declines in r…
Dry Bulk Shipping Experiences a 56% Drop in Capesizes Since November Read More »
European Shipowners (ECSA), Airlines for Europe (A4E), which represent the shipping and aviation sector at European level, along with the green transport group Transport & Environment (T&E) issue today a joint statement calling on the Commissio…
Positive and negative trends in global piracy Global piracy and armed robbery incidents decreased by 3% in 2024 compared to 2023, according to the International Maritime Bureau’s Piracy Reporting Centre (IMB PRC). On an overall basis, this is good news…
Piracy: A persistent threat to seafarers Read More »
The ship recycling market is still quite slow and uncertain. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “this week, the ship recycling market remained slow and uncertain, with all four major de…
Ship Demolition Market Slow and Uncertain Read More »