Newbuilding orders have been rather firm over the past week, with many owners committing funds to acquire more LNG and Container ships. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “in the gas carrier market, it was another …
Ship Owners Order more Container Ships and LNG Carriers Read More »
Launched yesterday, the new Seafarer Workforce Report from BIMCO and the International Chamber of Shipping warns that the industry must significantly increase training and recruitment levels if it is to avoid a serious shortage in the total supply of o…
New BIMCO/ICS Seafarer Workforce Report warns of serious potential officer shortage Read More »
Costamare Inc. reported unaudited financial results for the second quarter (“Q2 2021”) and six-months ended June 30, 2021. I. PROFITABILITY • Q2 2021 Net Income available to common stockholders of $82.8 million. • Q2 2021 Earnings per Share of $0.67. •…
The ship recycling market activity has suffered even more this past week, as holidays combined with an overall lack of tonnage. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “with the religious holiday of Eid being celeb…
Holidays Slow Down Demolition Activity Even Further Read More »
The maritime industry and ports are capital-intensive sectors. They’ve transitioned over the decades, based on the principle of economies of scale, massification and the integration of several key players into giant logistics supply chains. The quest f…
Turbulent prices on the high seas: Are calmer waters on the horizon? Read More »