31-03-2022 Newbuilding market – Orderbook to stay tight, By Braemar ACM
The first quarter of 2022 has again seen a low level of dry bulk ordering. With supply set to remain tight, we look at why contracting still hasn’t grown despite […]
SHIPPING NEWS
31-03-2022 Operators see no quick fix for China’s port congestion, By Cichen Shen, Lloyd’s List
China’s leading terminal operators expect no quick fix for the global port congestion and supply chain disruptions. The logistics bottleneck and a shortage of containers is unlikely to be improved […]
31-03-2022 GoodBulk likes the look of 2022 as profit hits $36.5m, By Gary Dixon, TradeWinds
John Michael Radziwill-led GoodBulk is expecting strong bulker rates this year as fleet growth remains low and port congestion continues. The Monaco-based capesize specialist said net profit in the fourth […]
31-03-2022 Has ESG become one of Putin’s dislocations? By Joe Brady, TradeWinds
Investors are sniffing around shipping stocks in numbers not seen in years, according to participants in this week’s Capital Link International Shipping Forum webinar. But while those ranks increase, the […]
30-03-2022 Supramaxes to benefit from longer-haul steel trades, By Nidaa Bakhsh, Lloyd’s List
Steel trades are continuing strong and should see an increase in tonne-miles. With Europe effectively banning steel imports from Russia and Belarus in response to the war in Ukraine, the […]
30-03-2022 Full orderbooks but profits remain elusive, By Rob Wilmington, Lloyd’s List
If the financial performance of major listed shipbuilders provides a reasonable bellwether of the current state of the global shipbuilding industry, then things do not look too rosy. Last year, […]
30-03-2022 CMB ups ammonia-ready Beihai bulk carrier tally with Newcastlemax duo, By Lucy Hine, TradeWinds
Compagnie Maritime Belge (CMB) has added two Newcastlemax bulk carrier newbuildings to its orderbook at Chinese yard Qingdao Beihai Shipbuilding Heavy Industry. Brokers said the Belgian shipowner is paying about […]
30-03-2022 MSC set to splash more than $3.4bn on panamax container ship spree, By Irene Ang and Lucy Hine, TradeWinds
Mediterranean Shipping Co (MSC) has upsized a planned order for 18 LNG dual-fueled panamax-sized container ships to a whopping 28 vessels split across three shipbuilders and priced at more than […]
30-03-2022 We are watching you, By Sam Chambers, Splash Extra
Shipping loves a war. It’s a trite saying, dished out by shipping veterans as TV news correspondents don flak jackets and social media becomes awash with armchair generals. Rates near […]
30-03-2022 Wind in bulk carriers’ sails, Splash Extra
March has been highly profitable, and with the need to search for alternative cargoes, the outlook is strong for dry bulk. China remains paramount in the bulk carrier pantheon. This […]
