The Covid-19 pandemic has been one of the greatest shocks to the modern world, disrupting people’s lives, the way societies and economies operate and how trade is done. Shipping markets […]
Shipyard berths for 2024 delivery of large vessels are rapidly filling up, but heady newbuilding prices are deterring buyers from fighting over the remaining slots. Brokers and yard representatives said […]
Safe Bulkers is making good on its prediction five months ago that charterers would start fixing bulkers for at least three years toward the end of 2021. The Polys Hajioannou-led […]
A political and commercial consensus now exists to accelerate shipping’s decarbonization targets to net-zero emissions by 2050, effectively doubling the ambition of the current internationally agreed targets. But despite backing […]
China’s slowing property sector will hurt dry bulk demand, according to Maritime Strategies International. The London-based consultancy said that a 15% fall in steel demand from construction could lead to […]
French container line CMA CGM could be set to reach investment grade as cash rolls in during the boxship boom. The liner operator is understood to have told investors it […]
The Baltic Handysize Index (BHSI) is the latest metric in dry bulk shipping to meet 2008 highs in a hot sector that shows no signs of cooling off. The index, […]
As supply chain disruption continues consultants Drewry are now forecasting container shipping lines will make an “eye-watering” profit $150bn in 2021, with more to come in 2022. Earnings before interest […]
According to Xinhua, China State Railway Group has started maintenance on a key coal transport line in northern China to ensure stable deliveries during the winter, effectively limiting transport volumes […]
Cape rates continue to push higher, even if FFA traders took some fright over the past 24 hours. The Baltic Exchange’s capesize index went above 10,000 points for the first […]
