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The direction of travel for shipping’s decarbonation trajectory has been set for some time now, but the devil in the detail is yet to reveal itself. A new regular survey launch by Lloyd’s List, in association with Lloyd’s Register, aims to chart shifting industry sentiment towards alternative fuels, financing and investment
Revenue on the Asia–Europe and transpacific trades saw the biggest improvement among all routes, up 25.5% and 18.4%, respectively. The results came with an extraordinarily strong peak season on those trades
This is the US-listed company’s eighth vessel sale since the end of September as it transitions to the offshore wind sector in which it sees opportunities. The sales are raising questions about whether Scorpio Bulkers will continue to operate in the dry bulk segment in months to come
Safe Bulkers expects the kamsarmax to be delivered from its Japanese yard in the first half of 2022, while Scorpio Bulkers should deliver the ultramax to its new owner this quarter
Vessels were originally ordered by Cosco Shipping Specialized as part of its fleet expansion plan backed by long-term COAs. It will now charter the tonnage from Cosco Shipping Development upon delivery under an operating lease arrangement for 15 years
It remains to be seen how China’s shipbuilders will collaborate with compatriot leasing lenders to consummate the deals
Two Lloyd’s List’s digital forums — focusing on shipping in the Asia Pacific region, the adoption and use of new technology and assessing what happens next — are now available to watch on demand
Bank lenders involved in the vessels are expected to back the VLCC sales to stave off a liquidity crunch likely to hurt Xihe Holdings’ fleet value. With cash running out fast, urgent measures to bring in cashflow will be welcomed
Executives from Hafnia, Scorpio Tankers, Ardmore Shipping and d’Amico talk up the sector at a Capital Link forum
Infinity Maritime has emerged with plans to launch a sustainable digital ship finance platform across all main shipping sectors, but with an augural portfolio of bulk carriers valued at up to $300m
The pandemic was initially seen as an existential threat to container shipping, which has survived and thrived. But with economic and regulatory headwinds approaching, will carriers be able to repeat the trick in the future?
The company will sell the 2016-built ultramax SBI Hera for $18.5m, bringing the total number of vessel disposals to six in the space of just under three weeks
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