The shipping industry is in a prime position to reap any benefits that come its way, from the latest surge in commodities’ prices. In its latest weekly report, shipbroker Allied Shipbroking said that “there has been a flurry of talks this week as to th…
Shipping Ready to Capitalize on Commodities’ Latest “Supercycle” Read More »
Credit bidding is the process whereby a lender, with a secured charge over a borrower’s asset, bids on that asset using the very debt that is owed by the borrower to the lender. The circumstances are usually foreclosure of a lending position against a …
To bid or not to bid: Credit bidding in vessel sales pendente lite Read More »
Snowstorms and power outages have disrupted barge loadings and pushed up prices for prompt bunker deliveries in Houston and other US Gulf Coast ports. Blackouts in Houston and Galveston have disrupted bunkering in the area. Barges have been prevented f…
ENGINE: Americas Bunker Fuel Availability Outlook Read More »
Ship owners are feeling more confident in terms of contracting more newbuildings, as evidenced by the activity of the past few weeks. In its latest weekly report, shipbroker Allied Shipbroking said that “despite being in the midst the peak period of th…
Newbuilding Ordering Activity Shows No Signs of Slowing Down Read More »
Although the container shipping industry was hit hard by the pandemic in the first half of 2020, the industry managed to stage a turnaround to become one of the best performing nonfinancial corporate sectors globally last year. There were three main re…
Moody’s: Global shipping industry’s strong performance in 2020 set to continue Read More »