Ship owners have pushed forward with more newbuilding contracting activity this week, but deals in the S&P market appear to be dwindling. In its latest weekly report, shipbroker Intermodal said that “a healthy number of orders surfaced for a second…
Newbuilding Orders on the Rise, But S&P Deals Scarce Read More »
The coronavirus pandemic is impacting global shipping demand for 2020 negatively. The speed of the virus spread makes it difficult to assess the full consequences. Nevertheless, we see a need to update our 2020 forecast to make some of this massive unc…
BIMCO revises 2020 forecast for main shipping markets Read More »
VLSFO quality remains a headline IMO2020 topic. As suppliers are getting more experienced at producing VLSFO blends, the proportion of off-spec tests has been declining, although certain quality concerns remain. One of these is the reduction in viscosi…
Should the industry worry about decreasing VLSFO viscosity? Read More »
The demolition market has started to diminish during the past couple of weeks. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the World has been further gripped by the Covid-19 virus this week as the World Health Organisation…
Demolition Market Stalling Read More »
The coronavirus (COVID-19) has already caused the loss of thousands of human lives and the imposition by authorities of travel restrictions and lockdown of cities, provinces and countries across the world. Communities across most continents and economi…