We recorded revenue of ¥288.8 billion, operating profit of ¥8.0 billion, ordinary profit of ¥104.2 billion and profit attributable to owners of parent of ¥104.1 billion in the first three months of the fiscal year 2021. We recorded ¥91.2 billion of equ…
Bunker fuels of all grades are generally in good availability in European ports, but HSFO380 remains tight in Istanbul this week. With limited HSFO380 volumes to supply in Istanbul, its price has risen to considerable premiums over regional ports. HSFO…
ENGINE: Europe & Africa Bunker Fuel Availability Outlook Read More »
The ship recycling market has retained its positive momentum this week, despite the summer holiday season. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “despite Summer holidays well into full swing and the whole Shipping ind…
Summer Time Doesn’t Affect Demolition Market Read More »
Despite booming stocks and rising profitability not everything is hunky dory for container shipping lines. The sector is either already facing or about to face higher costs as highlighted below. 1. Decarbonisation Apart from their individual R&D an…
Container shipping equities: Industry braces for higher cost Read More »
The international shipping industry continued its long-term positive safety trend over the past year but has to master Covid challenges, apply the learnings from the Ever Given Suez Canal incident and prepare for cyber and climate change challenges ahe…