Danish Ship Finance has published its latest keenly awaited biannual shipping markets report, the reading of which may prove uncomfortable for smaller, traditional owners. As shipping moves down its decarbonization […]
Vessel ordering in the dry bulk market has maintained its subdued nature throughout the year as freight rates have weakened and uncertainty over future regulation persists. We go through our […]
New York-listed Genco Shipping & Trading remains eager to expand on its current fleet of 44 bulkers and thinks opportunities might emerge in the first part of 2023. Genco chief […]
Shipping shares went for the ride as stock markets moved sharply higher in New York on Thursday as signs emerged that inflation is easing faster than expected. Cruise ship and […]
The rout in freight markets did not hold back results for bulker owner Belships during the third quarter. The Oslo-listed company, which has 31 supramax and ultramax vessels, saw improved […]
As we discussed back in October, the September US consumer inflation number coming in higher than expectations at the time was obscuring the fact that inflation was nevertheless continuing to […]
Hapag-Lloyd chief executive Rolf Habben Jansen has warned of ‘difficult waters’ ahead due to falling spot rates and rising inflation. The German liner boss made the comments as the Hamburg-based […]
Oslo-listed 2020 Bulkers has revealed a steep drop in earnings as market factors moved against it. The Tor Olav Troim-backed newcastlemax company said net profit in the third quarter was […]
South Korean liner giant HMM has waved goodbye to an era of record profits and warned that container freight markets will continue to cool. The Seoul-based carrier logged a net […]
Shipyards and shipowners face serious delays to deliveries in 2023, due to a skills gap in South Korea and Beijing’s zero-Covid policy in China, that could put newbuilding contracts in […]
