Tensions between China and Australia have added another headache for ship owners, as crew changes have been impacted by this factor as well, in a year when COVID-19 has already wreaked havoc to the global supply chain, leaving many crew members strande…
This year, tanker shipping will not benefit from the usual strong winter seasonal effect. Though the new lockdowns being introduced in many countries are less strict than in the spring, the effect on tanker shipping will be worse, given the oil supply …
Tanker shipping: worst not yet over as industry pays for strong second quarter Read More »
Transitioning to a predictive maintenance framework requires a holistic approach and a corporate culture shift which embraces collaboration amongst departments, people upskilling, technology, data analytics and processes’ redesign. PwC Greece addressed…
Digital Transformation in Shipping Operations – From planned to predictive maintenance Read More »
Ship owners have reverted to their year-old “habit” of opting for second hand dry bulk carriers, instead of newbuildings. In its latest weekly report, shipbroker Allied said that it was “a week with limited interest in the dry bulk newbuilding market, …
Ship Owners Turn to Second Hand Bulkers, Instead of Newbuildings Read More »
The second half of the year has provided some cheer for the dry bulk market, with all ships in the spot market averaging earnings above the break-even point, though not high enough to make up for losses made during the first part of the year. Seasonal …