2021 saw significant trends and changes in the Shipping industry with record breaking Container demand, surging steel prices, and the threat of returning lockdowns as new Covid-19 variants emerged. These factors have combined to result in a diverse dem…
VV: 704 Vessels Were Sold for Scrap in 2021 Read More »
A limited supply of fresh tonnage could speed up the recovery of the tanker segment, which unlike other parts of shipping, has failed to stage any sort of recovery over the past 18 months. In a recent report, shipbroker Allied said that “the tanker sec…
Decreased Tonnage Supply Could Help the Tanker Market’s Recovery Read More »
Container demand growth is losing some momentum amid mounting headwinds, but carriers will continue to rake huge profits, according to Drewry’s latest Container Forecaster report. Fast rising inflation, ongoing supply chain bottlenecks and the Omicron …
Drewry: More muted growth, but higher carrier profits forecast in 2022 Read More »
A copper deficit is set to hit trade and the energy transition hard by the end of the decade, according to Rystad Energy. Global demand for the pink metal will outstrip supply by more than six million tonnes by 2030, unless investment in mining is subs…
Copper investment needed to ensure supply Read More »
With the shipping industry gradually expected to move towards cleaner fuels, ordering a newbuilding vessel today can be a very difficult “exercise” from a compliance and financial point of view. So what are the options that ship owners have opted to ch…
Shipping Decarbonization: Solving the Newbuilding Ordering Conundrum Read More »