Shipping stocks have outperformed the wider market by huge margins so far this year, and this is only the beginning, analysts say. Clarksons Platou Securities said crude tanker and bulker […]
The World Steel Association has forecast a slowdown in global steel demand growth mainly owing to the impact of the Russia-Ukraine situation and China’s softening economy. The demand is estimated […]
Commerce and industry minister Piyush Goyal on Friday said that India may export 10-15 MMT of wheat this year as against 7-7.3 MMT in the just ended fiscal year. India’s […]
Shipbuilders in Jiangsu and Zhejiang provinces have followed Shanghai-based shipyards in declaring force majeure on deliveries of newbuildings. A Jiangsu shipyard official confirmed to TradeWinds that his company has warned […]
Next year is likely to see a near doubling of ship demolition volumes as skyrocketing fuel prices, decarbonization regulation and an ageing fleet push an increasing number of ships into […]
South African terminal operator Transnet is undertaking a clean-up operation following the devastating floods that damaged the port of Durban. Operations were gradually resuming, with risk assessments being undertaken to […]
Veteran Evercore ISI researcher Jonathan Chappell sounded at least partly enthusiastic in greeting news of a prospective Euronav-Frontline tanker mega-merger this week, saying the combination might “act as a precursor […]
Pacific Basin, a specialist of smaller-sized dry bulkers, is optimistic about the market despite the impact of China’s lockdown measures on cargo volume. The Hong Kong-based shipowner and operator expects […]
Diana Shipping has fixed a newcastlemax bulker to commercial manager C Transport Maritime at a rate that beats the paper market for the next two years. The Semiramis Paliou-led owner […]
Covid-19 cases continue to rise in Shanghai, while down south a giant convention centre has been converted to a quarantine hospital as Guangzhou follows a familiar Chinese path towards lockdown. […]
