The sudden collapse of South Korea’s largest carrier, Hanjin Shipping, and its entry into court rehabilitation has brought the precarious financial situation of the shipping industry into sharp relief. Most […]
You don’t normally get advance warning of an attempt to put a company over a barrel and call in bankruptcy lawyers. Using forced bankruptcy as a means to oust bad […]
Low freight rates have been a concern for a great number of reasons and a wide range of market participants. Shipowners faced with weak cash flows cannot perform on their […]
OPTIMISM seems to be mounting in the dry bulk market, with forecasts for iron ore and coal looking relatively rosy, but no-one seems to be sure whether the rally is […]
Dr Adam Kent, director of UK-based markets forecaster Maritime Strategies International (MSI), finds himself a busy man – downturns tend to be good for his business. MSI typically experiences a […]
FOR asset markets, 2016 so far has been characterised by structural overcapacity, depressed charter rates and a lack of financing available for many dry bulk owners. Secondhand vessel prices have been […]
Will Fray, a senior analyst at Maritime Strategies International, notes how asset values are now at all-time lows for many bulker benchmarks, but are set to increase. The first quarter […]
The dry bulk shipping outlook for the remainder of 2016 remains extremely negative with an unbalanced supply-and-demand equation preventing any meaningful rebound in pricing as too many vessels chase too […]
THE future of commercial shipping is dire in most of its conventional forms, according to industry veteran Ravi Mehrotra, as result of the “Fourth Industrial Revolution” which brings increases in […]
