Cash Buyers failing to comply with “green” recycling contracts has indeed become a reputational/ headline risk for Ship Owners in recent times, with several vessels that were intended to be sold for recycling as per the HKC (The Hong Kong International…
Ever since the advent of containerised shipping in the 1960s, container ships have grown steadily larger. According to Allianz Global Corporate and Specialty (AGCS), by 2017, container-carrying capacity had increased by almost 1,500% from 1968. In 2017…
Container ships: is bigger always better? Read More »
The tanker market is among the key beneficiaries of the recent US-China Phase 1 trade agreement. However, other markets could benefit as well. In its latest weekly report, shipbroker Gibson said that “after nearly two years of trade tensions, the US an…
Trade Agreement Positive for Tankers Read More »
Capesize The market was relatively stable over this past week putting an end to the past months of more extreme declines. While the Capesize 5TC still softened marginally, opening the week at $9,438 and closing it at $8,352, market fundamentals appear …
Dry Bulk Market: Looking for a Rebound Read More »
It took two long years for Hong Kong-based ship manager Anglo-Eastern and its technology partner Wärtsilä to agree on the right path for digitising the Anglo-Eastern fleet, but the programme the two firms developed is a game-changer for the maritime in…
Delivering on a deal that revolutionises the maritime industry Read More »