According to industry sources, the last couple of days have seen residential power across north-eastern China become affected by power rationing and sporadic blackouts. Authorities in Liaoning have implemented power […]
There is an inconvenient truth for shipping as it gears up for COP26, the major international climate summit starting on Sunday in Glasgow. For the first time since the global […]
If bulk carrier freight markets were a tradeable equity (as indeed they are these days via ETFs) then October could be the month we look back on as being when […]
Finland’s ESL Shipping still sees plenty of potential for rate rises for smaller bulkers after logging record earnings in the third quarter. The company, owned by the Aspo group, said […]
New York-listed Pangaea Logistics Solution is the latest public dry bulk owner to draw significant investment from a prominent “long only” institutional investor. Boston-based Wellington Trust, an arm of Wellington […]
Newcastlemax owner 2020 Bulkers has posted its biggest ever quarterly profit and its largest dividend to shareholders for the third quarter of 2021 on the back of rising freight rates. […]
Freight derivatives for capesize bulk carriers have seen an almighty sell-off over the past week, but now options holders are quickly finding themselves exposed to losses. It is a situation […]
According to industry sources, during September, global crude steel production amounted to 144.4 MMT – split between 73.8 MMT in China and 70.6 MMT for the rest of the world. […]
Japan, which boasts the world’s third largest merchant fleet, has had a volte-face in terms of its green shipping targets. The Asian nation has often been castigated for its timid […]
CEO of Alvean Sugar SL, the world’s largest sugar trader, recently stated that the share of refined sugar trade done using containers had fallen from its pre-pandemic level of 80% […]
