Results generated by Norden’s operated fleet of bulk carriers have led to the Danish firm booking its best annual result in 11 years. The Copenhagen-listed firm recorded annual profit of […]
Covid-19 is spreading rapidly in Hong Kong, a potential forewarning of what may come in China. With less-efficient vaccines and an ambition to move away from its ‘dynamic zero’ Covid-19 […]
Long construction lead times for containership orders placed at the start of the newbuilding boom in 2020 should ensure the benefits, or otherwise, of this additional capacity will not be […]
The dry bulk market has returned to a positive state of play following the negative impact of Russia’s military incursion into Ukraine. Spot rates and forward freight agreements have edged […]
The Russia sanctions risk is expected to change day by day as the west seeks new ways to punish the country for its war in Ukraine. With the UK barring […]
Governments seeking to block vessels owned or controlled by Russian interests from entering ports will have to track a global list of 6,448 vessels, according to Lloyd’s List Intelligence data. […]
Australian east coast is hit by a severe weather driven flood, moving from Queensland down to New South Wales. Last time Australia was hit by a “once in a century” […]
The Ukraine crisis has led to shipowners proving reluctant to continue with scrap sales of larger vessels as ship recyclers focus on smaller units, brokers and cash buyers say. A […]
Bunker prices have continued to soar to new record highs, prompting resistance to low rates among tanker owners. Marine Bunker Exchange (Mabux) is citing very low-sulphur fuel oil (VLSFO) up […]
The International Transport Workers’ Federation (ITF) and the employers’ representative Joint Negotiating Group (JNG) have come to an agreement on pay and conditions for seafarers working in the war hit […]
