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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...

Minimal sale and purchase activity a reflection of depressed market

Macroeconomic indicators remain depressed with the International Monetary Fund revising its China GDP growth downwards by 0.4% to 5.6% for 2020 as a result...

Braemar highlights thriving S&P activity in declining global market

Braemar reports that the macroeconomic outlook is sliding into a pre-recession lull with Chinese manufacturing down and demand in the Eurozone stagnating. The extended Lunar...
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The Indian Ocean Rivalry

The Indian Ocean has emerged as a strategic theater of competition between two Asian giants: India and China. India’s recent developments indicate a rapid expansion...

Statkraft advances plans for green hydrogen scheme at Hunterston

Europe’s largest generator of renewable energy has proposed the development of a green hydrogen facility at Hunterston, the former coal terminal in Ayrshire. Clydeport –...

Port of Bilbao wraps up busiest month for cruise traffic

May has marked a record month for cruise activity at the Port of Bilbao’s terminal in Getxo, with 18 cruise ship calls bringing over...

Tripoli port shutdown sparks maritime crisis in Libya

Libya’s shipping sector is teetering on the edge of collapse as fresh waves of political violence erupt in Tripoli, crippling key port operations and...
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