Capesize owners are likely to be among the hardest hit when new Energy Efficiency Existing Index (EEXI) rules kick in on January 1 next year. UK-based consultancy Maritime Strategies International […]
Are ships a good hedge against today’s sky-high inflation? Many owners reckon so, but famous economists show the historical pitfalls of such theories. The last time global inflation was this […]
Newcastlemax owner 2020 Bulkers logged a profitable start to this year, but its results show seasonally softer earnings. The Oslo-listed shipowner reported net income of $5.9m for the first quarter […]
Oslo-listed shipowner Belships has acquired two more Japan-built ultramax bulkers with time-charters attached and has fixed two other vessels on period charters. The Norwegian firm on Tuesday said it is […]
Newbuilding prices are set for another dramatic increase on the back of inflationary pressures and strong demand for new ships. Shipyard managers in the Far East said they are gearing […]
Global crude steel production totaled 161 MMT in March, decreasing by 5.8% YoY off a high base in 2021. This was largely driven by a fall in Chinese production. Chinese […]
More Shanghai-based manufacturing companies are set to resume production as the city struggles with an economic slowdown. Large shipping and shipbuilding firms are among those deemed as key businesses that […]
Carriers stand to see earnings before interest and tax rise to as much as $300bn this year on the back of higher freight rates, despite a likely fall in volumes […]
Shipping markets have begun 2022 more strongly than in any other year on record, according to Clarksons Research. The UK research company identifies trade recovery, severe congestion, and modest fleet […]
Uncertainty of the macro-economic climate has prompted Fearnley Securities to cut Norwegian bulker player Belships’ stock from ‘buy’ to ‘hold’. The investment bank praised the Oslo-listed company’s fleet and management […]
