Ship owners are feeling more confident in terms of contracting more newbuildings, as evidenced by the activity of the past few weeks. In its latest weekly report, shipbroker Allied Shipbroking said that “despite being in the midst the peak period of th…
Newbuilding Ordering Activity Shows No Signs of Slowing Down Read More »
Although the container shipping industry was hit hard by the pandemic in the first half of 2020, the industry managed to stage a turnaround to become one of the best performing nonfinancial corporate sectors globally last year. There were three main re…
Moody’s: Global shipping industry’s strong performance in 2020 set to continue Read More »
In the full year of 2020, global container shipping volumes fell by 1.2% compared with 2019, much less than feared even before the pandemic was first declared, and much recovered compared with the 6.8% drop recorded in the first six months of the year….
Container shipping emerges triumphant from a disrupted 2020 Read More »
Bunker fuels continue to be widely available for prompt deliveries in ARA. Bunker congestion has eased in Gibraltar Strait ports as the weather has improved and the forecast looks calmer for the next week. Stronger demand and refinery margins for oil p…
ENGINE: Europe & Africa Bunker Fuel Availability Outlook Read More »
The ship recycling market is predicted to accelerate in terms of activity during the coming weeks. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “there is hope that a more bullish market may come into play following rumours t…
Ship Recycling Market Expected to Firm Up Read More »