• Tanker Owners Need to Take it One Step at a Time 29 March 2020
    Risk mitigation and damage limitation appear to be the least that tanker ship owners need to undertake in order to stay afloat. In its latest weekly report, shipbroker Gibson said that “in one of the …
  • Capesize Market: Uncertainty All Around As Coronavirus Takes Center Stage 29 March 2020
    Capesize As Covid-19 continued to ratchet up tensions across the globe, the Cape market dealt with the change to remote working. Most regions of the world are now under no illusions as to the severity …
  • Connecting crew during COVID-19 29 March 2020
    Inmarsat Maritime President Ronald Spithout says providing crews with enhanced levels of connectivity and support is critical at this unprecedented time, and offers an insight into the work already un …
  • Strong Test for Shipping and the World Economy 27 March 2020
    The effect and the aftermath of the Covid-19 pandemic will be a strong test for both the shipping industry, but also the world economy and trade. In a recent weekly report, Allied Shipbroking noted th …
  • Reality 27 March 2020
    In a few short months, the mayhem wrought by coronavirus has changed the world. Our response to the epidemic [more than the virus itself] has the potential to permanently alter the balance of the glob …
  • Managing a crisis: Covid-19 and the threat to Critical National Infrastructure 27 March 2020
    In the midst of uncertainty and significant risk to people’s health, it is clear that the need for robust and accurate screening and testing of Covid-19 is needed now more than ever. The social and he …
  • Low Oil Price Environment Could Alter Tanker Market Fundamentals 26 March 2020
    Oil prices could remain low for a number of months, a scenario which could alter tanker demand and shift trade routes. In its latest weekly report, shipbroker Intermodal said that “there is no doubt t …
  • US Seaborne Exports Slow As The Trade War Takes Hold 26 March 2020
    Before the coronavirus outbreak, shipping was already facing headwinds, including those caused by the trade war which has lowered volumes and changed trade patterns, both interesting developments whic …
  • Ship Finance And COVID-19 26 March 2020
    As a result of the spread of COVID-19, the shipping industry is one of many contending with a global crisis. We have received numerous queries from concerned lenders and borrowers as to the potential …
  • A World Economy in Strain 25 March 2020
    The shock in the global economy from the current COVID-19 pandemic is quickly escalating, threatening the pace of recovery, once this situation subsides. In its latest weekly report, Allied Shipbrokin …
  • Iron ore trade growth trend fades 25 March 2020
    A spectacular upwards trend in global iron ore trade unfolded for almost two decades. But in the past couple of years signs of faltering have emerged, and prospects for 2020 are subdued. Following an …
  • Shipping number of the week: Eurozone’s manufacturing PMI indicates drop to 92-month low in March 25 March 2020
    As countries world-wide implement far-reaching measures in an attempt to contain the coronavirus (COVID-19), the global economy is starting to slow down significantly. The crisis is prompting flashbac …
  • Ship Owners Scramble to Close New Deals 24 March 2020
    The newbuilding and S&P markets remain in flux, as ship owners are pondering how they should react in the COVID-19 pandemic, which is wreaking havoc in the global supply chains. In its latest week …
  • Northern Lights show the way to seaborne CCS solutions 24 March 2020
    These are two primary motivators behind the Northern Lights project, part of the Norwegian initiative to achieve full-scale CCS. The project encompasses the capture of CO2 from cement production and a …
  • Republic of the Marshall Islands Urges Countries to Treat Seafarers as Key Transport Workers 24 March 2020
    The Republic of the Marshall Islands (RMI), one of the world’s largest maritime registries, with more than 4,700 vessels and nearly 100,000 seafarers serving on RMI-flagged vessels encourages countrie …
  • Where to Next for Demolition Activity? 23 March 2020
    In today’s market conditions, it may wise to remove some older tonnage, although there are still many market unknowns. In its latest weekly report, shipbroker Clarkson Platou Hellas said that ‘with ea …
  • The triple shock of Coronavirus in shipping: will it last? 23 March 2020
    Transport capacity shortages, disruptions to supply chains and inability to plan since late January have been a dangerous combination. But will all 3 major problems last for shippers? Since February, …
  • Coronavirus And Crew Restrictions; What To Keep In Mind 23 March 2020
    Crew unable to disembark, service engineers unable to maintain essential equipment and classification societies unable to do scheduled ship surveys. This is the new reality for many, as several port a …
  • Oil: Where to Next? 22 March 2020
    The latest trends in crude oil production, after the latest OPEC and Russian talks took place, make for an interesting reading. In its latest weekly report, shipbroker Gibson said that “this week glob …
  • Dry Bulk Market: Capesizes Face Headwinds This Week 22 March 2020
    Capesize The Capesize market made some headway this past week despite being buffeted by the global pandemic storm. With the market in a constant state of flux on a seemingly endless news cycle, increa …