Digitalisation may prove one of the maritime industry’s most effective tools to face multiple challenges posed by decarbonisation, recruit-ment and even diversity, according to WISTA International President Despina Panayiotou Theodosiou. As co-CEO of l…
Transparency in shipping’s Digital Age Read More »
Shipping companies are focusing on the future and increasingly turning to digital technology to streamline operations, become more efficient and make cost savings. Whilst prior to the COVID-19 pandemic many had been slow to embrace digital technology, …
The Digital Journey Shipping Companies Are Making To Recover From The Pandemic Years Read More »
OPEC’s decision to move ahead with significant oil production cuts, will add pressure to the tanker market as well. However, according to shipbroker Gibson, any downward pressure will likely be a product of lower demand, rather than supply. In its late…
Tanker Market’s Course to be Determined By Demand, Not Supply says Shipbroker Read More »
Capesize The Capesize market softened this week as a lack of fresh cargo and activity, particularly in the Atlantic hampered, efforts to push higher. The Capesize 5TC lowered 1909 over the week to settle at $17,965. A small uptick in sentiment to end t…
Dry Bulk Market Softens This Week Read More »
Volatile path to lower freight rates in near term before recovering in late 2023 with regulation impact on supply and gradual demand recovery Summary Dry bulker earnings have continued to fall over the last three months after a brief rebound in the ear…
Shipping market outlook – Container vs Dry bulk: Q3 2022 update Read More »