The Baltic Exchange’s secondhand price index for the tanker sector soared to the highest level since January 2009 on Friday, as the measure for bulker prices continued to head in […]
The number of covid cases in China has spiked to record highs this week as officials ordered lockdown measures in major cities, including Zhengzhou, where protests were staged at the […]
Here we go again The past several weeks has seen a range of economic support measures announced by the Chinese government. With a particular focus on the property market, these […]
Shipbuilders face a raft of headwinds as they prepare for 2023 but sectors such as LNG carriers, container ships, large tankers and specialist vessels are expected to compete for increasingly […]
2022 is rapidly ending without a single mainstream shipowner being able to complete a conventional IPO in the US. This makes 2022 like most recent years. Except for Israeli liner […]
According to several media outlets, local Chinese governments have implemented stringent lockdowns and mass testing of their population amid the country’s alarming Covid-19 cases, with the country reporting its first […]
4,010 new daily coronavirus cases were reported in China today. This marks the largest amount reported since April 29th and is only the second time all year that over 4,000 […]
Florida-based Zergratran, a sustainability driven transportation infrastructure company, is seeking to raise $75m in funding as its initial step to build an alternative to the Panama Canal for shipping containers. […]
Liners will idle as much as 1.5m teu of tonnage next year as the container market eases with analysts warning images of boxships in lay-up could become commonplace once again. […]
Much has been written about the fleet expansion at Gianluigi Aponte’s Mediterranean Shipping Co (MSC) during container shipping’s boom era. Since August 2020 the Geneva-headquartered liner has bought more than […]
