When it comes to choosing between saving money or the environment, shipowners are opting for the fuel that provides the lowest operating cost
The privatisation process is back on following ‘modifications’ to the original sell-off process, but bureaucratic hurdles and an increasingly prohibitive list of restrictions on the sale have resulted in waning interest from bidders
Port congestion, Panama Canal delays, increased export volumes and high demand will keep freight rates elevated
Dry bulk market ‘still favourable’, says chief executive
US-listed company beats analysts’ expectations for first quarter of the year earnings
‘We work more like asset managers optimising the portfolio of multimillion dollar investments, than traditional shipowners,’ says chief executive Lars Barstad
Share price does not include amount of contracted revenue, says chief executive
Owner and operator of 72 tankers reports significant quarter-on-quarter gain in chartering earnings as oil market volatility aids demand recovery
Company flags market uncertainty because of Ukraine invasion and Chinese lockdowns impacting demand and logistics
‘The big container lines understand they have got no choice. The major problem will be for the smaller private owners’
Russia-led trade disruption that has seen spot rates gain 345% this year is now spilling over to longer-term time charters
The terms of the vessel purchase agreements will be determined after arm’s-length negotiations with reference to the market price of vessels with similar specifications, CDB says
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