The appetite for tanker and dry bulk forward freight agreements has risen significantly off the back of geopolitical uncertainty and the pandemic, while scrapping prices for tankers are tipped to rebound

While the world boxship fleet grew little in 2020, new orders in the final days of the year are unlikely to upset the supply and demand balance for now

With supply chain bottlenecks still to be alleviated and demand unrelenting, east-west rates continue to demand a premium. The post-Chinese New Year period has been pinpointed as a chance for the industry to catch its breath and ‘get stuff moved’

With the help of BIMCO’s chief shipping analyst Peter Sand we’re taking a quick run through the key tipping points that will shape the shipping markets in 2021 on the podcast this week. Peter and Lloyd’s List editor Richard Meade cast their eyes across box market buoyancy, tanker troubles and the bulk market’s optimistic expectations for the year that inevitably all hinge on China. The next 12 months of shipping markets — all in under 25 minutes!

OOIL says the proceeds will be used to fund vessels under construction, purchase containers or for other possible investments in the future. JP Morgan has been designated as both the deal manager and the seller’s agent

Fortunately for the global shipping industry, Kerry believes that while governments have an important role to play in galvanising net-zero transitions, ‘they must partner intimately’ with the private sector

The appetite for tanker and dry bulk forward freight agreements has risen significantly off the back of geopolitical uncertainty and the pandemic, while scrapping prices for tankers are tipped to rebound

Shipping activities expected to resume in coming days using a second shiploader at the southern berth of pier 4 where the blaze took place, miner says

With the help of BIMCO’s chief shipping analyst Peter Sand we’re taking a quick run through the key tipping points that will shape the shipping markets in 2021 on the podcast this week. Peter and Lloyd’s List editor Richard Meade cast their eyes across box market buoyancy, tanker troubles and the bulk market’s optimistic expectations for the year that inevitably all hinge on China. The next 12 months of shipping markets — all in under 25 minutes!

Fortunately for the global shipping industry, Kerry believes that while governments have an important role to play in galvanising net-zero transitions, ‘they must partner intimately’ with the private sector

Kofod-Olsen was appointed V.Group chief executive at the end of 2020, replacing Graham Westgarth, who moved up to chairman. Earlier this month Wallem chief Frank Coles resigned to focus on crew welfare issues

Denmark’s defence minister has called for international partners to help police the Gulf of Guinea after recent attacks on ships, but none have yet raised their hands. Danish Shipping says it is early days and countries can give what they can, since no one state can solve the problem alone

The appetite for tanker and dry bulk forward freight agreements has risen significantly off the back of geopolitical uncertainty and the pandemic, while scrapping prices for tankers are tipped to rebound

LNG demand is predominantly still tied to power generation, which subjects trade in the commodity to the vagaries of the weather, particularly during the winter season in North Asia. While the market turned against buyers during this year’s cold snap, it could just as easily have gone the other way

With the help of BIMCO’s chief shipping analyst Peter Sand we’re taking a quick run through the key tipping points that will shape the shipping markets in 2021 on the podcast this week. Peter and Lloyd’s List editor Richard Meade cast their eyes across box market buoyancy, tanker troubles and the bulk market’s optimistic expectations for the year that inevitably all hinge on China. The next 12 months of shipping markets — all in under 25 minutes!

Fortunately for the global shipping industry, Kerry believes that while governments have an important role to play in galvanising net-zero transitions, ‘they must partner intimately’ with the private sector

Kofod-Olsen was appointed V.Group chief executive at the end of 2020, replacing Graham Westgarth, who moved up to chairman. Earlier this month Wallem chief Frank Coles resigned to focus on crew welfare issues

Denmark’s defence minister has called for international partners to help police the Gulf of Guinea after recent attacks on ships, but none have yet raised their hands. Danish Shipping says it is early days and countries can give what they can, since no one state can solve the problem alone

OOIL says the proceeds will be used to fund vessels under construction, purchase containers or for other possible investments in the future. JP Morgan has been designated as both the deal manager and the seller’s agent

The company will receive the two DSME 2016-built very large crude carriers during the first half of this year from an an undisclosed seller

The French energy major will take in a newbuilding 174,000 cu m liquefied natural gas carrier from Sovcomflot in 2021 and have options to take in two more vessels

There are few things new in container shipping. Today’s problems reflect a long history of both shippers and carriers being wrongly incentivised to commit to what they have agreed to

The restructuring arrangement reduces Bourbon’s debt from more than $3bn to around $1.3bn, putting it back on its keel following the adverse impact of the oil price downturn

MOL PLUS aims to generate synergetic effects by combining innovative ideas and technologies from start-ups with the group’s resources to create new businesses that will add value to the ocean shipping industry and society. The Japanese line joins other shipping companies that have also promoted start-ups

‘The board made clear to us, in so far as a general increase is given a nominal value, we are expected to probably do better than that. And certainly those records that deserve it should be looking to increases in excess of that’ — Joe Hughes

Company believes buyers of 97% of the 4m barrels of bunkers consumed each day are not currently hedged

Move will include liabilities, losses, costs and expenses falling within the scope of terms of entry

‘My concern is that this will take some time, because I guess the Prudential Regulation Authority is quite busy these days,’ says chief executive of marine mutual

‘Clearly we would not be redomiciling our business if it were not for Brexit. It has been an unwelcome diversion and an unwelcome cost,’ says chief operating officer

The fallout from the Yemen conflict has led to speculation about firmer pricing, although many underwriters are still evaluating developments following US Maritime Administration warning