Never let a good crisis go to waste, argues an aphorism usually attributed to Winston Churchill. And that goes double when two crises come along at once. Given that someone […]
Analysts believe dry bulk shipping is in dire need of just one thing if it is to pull off any sort of rally in the remaining months of 2022: cargo. […]
Norway’s Belships has chartered out three of its ultramax bulk carriers on period contracts. The Oslo-listed company has one vessel fixed between 10 and 13 months at $17,750 per day, […]
Diana Shipping has fixed an ultramax bulker on a period deal to Delta Corp Shipping in a sector that has been on the rise in recent weeks. The Semiramis Paliou-led […]
London-listed Taylor Maritime Investments (TMI) believes handysize bulker markets could be set for an improvement towards the end of this year. The Edward Buttery-led owner said the recent softening of […]
Average spot rates across dry bulk shipping fell on Wednesday as global demand for steel continues to wane on the back of a weakening worldwide economy. Global steel usage is […]
It’s the topic that has sparked the most debate in the container sector all month – just where is the floor for rates? Analysts seem divided on how much lower […]
China maintains robust aluminum output in September Chinese primary aluminum output totaled 34 MMT in September, up 7.8% YoY, according to International Aluminum’s latest release. Despite facing several industrial headwinds […]
It was a case of maintaining the status quo in the ranking of top shipping analysts as determined by voting in Institutional Investor magazine’s annual survey. And once again it […]
Estimates for spot charter rates for LNG carriers have been rapidly closing in on the $500,000 per day mark amid an exceptionally tight market for tonnage and a bullish mood […]
