Buyer interest has hampered the scrapping of older tonnage so far this year, despite all other factors being supportive of more demolition sales. In its latest weekly report, shipbroker Gibson said that “despite almost every driver being supportive, sc…
Tanker Scrapping Underwhelming So Far in 2021 Read More »
Data is the new gold for shipping companies. Companies are increasingly reliant on data and technologies that support data management and analysis to improve business decision making, business performance and success. However, there are challenges, esp…
Why data is the new gold for shipping companies Read More »
Capesize It was a dismal week throughout for Capesize earning as all routes softened in what was a largely disrupted week due to numerous public holidays around the globe. The Transpacific C10 opened the week at $40,246 and any upward momentum quickly …
Dry Bulk Market: Capesizes Suffer, as Market Softens Read More »
2021 has proven quite challenging so far for crude oil tankers. An example has been the fall in crude oil tanker loadings in the UAE, the third largest crude oil exporter in the Middle East. In its latest weekly report, shipbroker Banchero Costa said t…
UAE Crude Oil Exports Have Suffered Since the Start of 2021 Read More »
The call to action on protecting the environment is now and ship operators and charterers must not delay in delivering their response, said speakers at a Moore Stephens’ seminar as part of the 2021 Singapore Maritime Week. Capt Rajalingam Subramaniam, …
No time for ‘wait and see’ to green shipping Read More »