Bunker prices, already the highest they’ve been since 2012, are widely tipped to remain at severely elevated levels all year, leading to a greater swathe of the world merchant fleet […]
During the Asian tiger economy years of the 1990s, the most the Baltic Dry Index (BDI) went up was by 34% in 1995, followed by a 34% correction in 1996 […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
Will dry bulk be the top-performing shipping sector for 2022? That is the conclusion of a Capital Link survey of five top equity analysts as disclosed during a webinar on […]