Throughout the first half of the year, talk of a new dry bulk super cycle has been on many lips as commodity prices have soared to multi-year highs. Freight rates and ship values have also risen but although they exceed prices seen during most of the 2…
Are we looking at the next dry bulk super cycle? Is it even a cycle? Read More »
Newbuilding contracting has slowed down over the past couple of weeks, a development attributed by shipbroker to the usual summer lull. In its latest weekly report, shipbroker Allied Shipbroking said that “the typical summer lull has seemingly taken ho…
Newbuilding Ordering Activity in “Slowdown Mode” Read More »
Back in 2016, Drewry Maritime Financial Research (DMFR) launched a model portfolio – selecting stocks within the global maritime space to ensure a balanced approach to managing risk in a low return environment. Recommended stocks are hand-picked …
Container Market Boom to Continue In the Near Term Read More »
Nomination of a ‘special interest in delivery’ for a carriage under the CMR Convention remains insufficient on its own; it is necessary for the value to be declared in the consignment note – a German interpretation. Where goods are carried under CMR an…
Legal eagle: effective value declaration under CMR Read More »
With prices in the ship recycling market staying near record levels of well above $600/LT LDT, some owners, especially from the tanker segment were tempted to cash in. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “prices soa…
Demolition Market Finding Some Footing as Wet Tonnage is Sold Read More »