With financing being harder to raise, ship owners are actively looking at alternative sources of capital raising. Costamare did so by raising 100 million euros in unsecured bonds through the Athens Stock Exchange. But this isn’t a “one size fits all” s…
Finalisation of the International Maritime Organization’s scoping exercise for autonomous ship safety crystallises the direction and scale of the regulatory task ahead, writes Päivi Haikkola* In mid-May 2021, after understandable delays related to COVI…
Autonomous ships given regulatory guidance Read More »
Proposals for global tax reform have the potential to undermine the tax policies applied to shipping. • The OECD, with increasing support from the G7, plans radical reform of taxation of large multi-national companies; • The introduction of a “global m…
A Global Minimum Tax Rate – How Special is Shipping (and Does Anyone Care)? Read More »
A new and promising fuel sector, the so called synthetic fuels, could provide an additional support to the tanker market by the end of the decade. In its latest weekly report, shipbroker Gibson said that “if you own a Porsche or you like Formula 1, the…
Could Synthetic Fuels Create a New Market for Tankers? Read More »
Capesize The Capesize market found little to support levels this week as a steady slide in rates saw the 5TC drop $4,681 over the week to settle at $20,933. The market was at a similar level only back in late March / early April where the 5TC found som…
Dry Bulk Market: Capesizes Find New Levels of Support Read More »