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Saturday, September 19, 2020
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Tag: Braemar

Another Costamare scrapping comes after demolition market upturn

Hong Kong Convention compliant ship-breaking is receiving more green recycling enquiries, especially for container ships, according to a Braemar shipbroker analyst. One of the ships...

Economic indicators ease as Hapag increases Asia-Europe capacity

In some positive economic news the shipbroker Braemar Shipping reported that China’s economy, which saw a severe decline in the first quarter, returned to...

Pandemic effects force lines into continuous schedule adjustments

In terms of blanked sailings and capacity management, there are no signs of recovery going forward into the third quarter, according to a Braemar...

Lines turn a crisis into a buck

Carriers are set to enjoy a US$9 billion bonanza as a result of their successful capacity management programme throughout the pandemic period, which is...

Another Costamare demolition marks the limit of scrapping candidates

Shipbroker Braemar is forecasting a significant increase in the demolition of feeder ships in the sector makes up the bulk of the 550 idled...

Costamare ship sale will herald new era in boxship demolition

A steep decline in demand as a consequence of the Covid-19 crisis and the faltering charter market has sparked an interest in the scrapping...

Opinion: Old feeders key to the new normal

As an industry, the maritime sector, has become used to the litany of data revealing the extent of the damage the Coronavirus is wreaking...

Economic spring a mirage in the Covid desert

Reports of the apparent gradual lifting of restrictions in Spain and Italy and some evidence of a reduction in the number of hospital deaths...

Charter market stagnation not likely to last says broker

Expectations of a rate correction in the charter market are high as owners and buyers look for solutions for delivering vessels. In the short-term rates...

Brokers’ say global googly a macroeconomic disaster

Global trade is in turmoil after the googly thrown at it by the Coronavirus, which has turned the outlook sharply from the expectation of...
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Woke lines playing the uneven field

Liner shipping companies have had a bumper year with profits in 2020 expected to exceed any year in the histroy of container shipping. All...

Box rates still on the way up after regulatory warnings

Both the Pacific and Asia to Europe rates have shown increases this week even after regulatory authorities in China, the US, Europe and South...

More Port of Felixstowe congestion riles freight forwarders

An increase in container volumes in the rush to beat China’s Golden Week holidays and technical issues with the Port of Felixstowe’s vehicle Booking...

German carrier raises Subcontinent rates and Ukrainian demurrage

Hapag-Lloyd has announced price increases for demurrage on exports from Ukrainian ports, which can be seen here, and a general rate increase (GRI) on...