26-01-2022 Will the tiger roar? Splash Extra
The first of February marks the first day of the Lunar New Year and the start of the Year of the Tiger. Whilst travel restrictions and associated Covid lockdowns are […]
SHIPPING NEWS
26-01-2022 Capesize owners can withstand spot rate erosion, By Nidaa Bakhsh, Lloyd’s List
Cape owners are not yet worried about the spot rate slide, though they will not want to see much more of an erosion. Several said they were able to cope […]
26-01-2022 Jefferies lowers dry bulk outlook as China cuts steel ahead of holidays and Winter Olympics, By Michael Juliano, TradeWinds
Jefferies has dimmed its first-quarter outlook on dry bulk equities, based on China’s moves to curb steel production during the Lunar New Year and Winter Olympics in Beijing. The US […]
25-01-2022 Liner shipping profits tipped to hit $200bn this year, By Sam Chambers, Splash
Analysts are increasingly confident that liners will smash 2021’s record earnings this year. Consultancy Drewry is predicting container shipping will notch up a combined EBIT of $200bn this year, up […]
24-01-2022 Belships takes cover with two more bulkers fixed on period deals, By Holly Birkett, TradeWinds
Belships has fixed another two bulkers on long-term contracts that will commence this quarter. The Oslo-listed owner of supramaxes and ultramaxes has fixed one of its bulkers for 11 to […]
13-01-2022 2022 shipping costs ‘will be higher than ever before’, By Gary Howard, Seatrade
Costs for shipping goods by container will be higher in 2022 than ever before, even if spot rates soften, according to Xeneta chief analyst, Peter Sand. Sand opened his weekly […]
21-01-2022 China: Government intervention will make or break bulker markets in 2022, By Holly Birkett, TradeWinds
Bulker markets will prosper this year if the Chinese government continues to intervene to stimulate economic activity and mitigate possible shocks, according to analysts. But Covid-19-related inefficiencies and disruptions will […]
20-01-2022 ‘Fire sale’ or just red-hot S&P market in Scorpio’s fleet sale to Hafnia? By Joe Brady, TradeWinds
An analyst who has frequently criticized the strategy of Scorpio Tankers management is now accusing the New York-listed owner of conducting a “fire sale” of its LR1 product tanker fleet. […]
20-01-2022 Leading Japanese yards ready to roll out ammonia-fueled bulker design, By Adam Corbett, TradeWinds
A group of leading Japanese shipbuilders and the country’s classification society have completed a design for an ammonia-fueled panamax bulk carrier. The design has been granted approval in principle from […]
20-01-2022 Capesize bulkers ride Russian surge in coal exports to Asia, says SSY, By Dale Wainwright, TradeWinds
Train crashes and fires have not prevented Russian steam coal exports jumping by almost 10% in the first 10 months of 2021, according to a top shipbroker. Between January and […]
