Strong demand, high rates and disrupted supply chains have boosted earnings at the world’s largest carrier. Third-quarter and full-year profits will now be far higher than first thought
Marine insurance industry seeks collaboration with all stakeholders to better understand what’s at stake when it comes to new fuel technology
Focus will be put on helping small and medium-sized enterprises gain access to trade finance from banks, with the support of reliable shipping data collected via the digital platform
Delivery time should be factored into the pricing as the type of ships were seen as ‘money printers’ amid the current freight rates
ABN AMRO’s Joep Gorgels says cargo owners can help shipping’s energy transition through long-term charter commitments that signal to both shipowners and financiers that there is a business case for more expensive greener investments
Hot dry bulk and containers markets could tempt banks back to lending to shipping companies, but this boom is different to previous ones
Taylor Maritime founder Ed Buttery started planning his moves in 2013 while working for Nordea, hoping for the best, but well aware of the blows that shipping markets tend to deliver optimists. He has now positioned himself inside a market highpoint with a successful initial public offering in London. Luck comes to those who are best prepared, he argues. He joins the podcast to discuss London’s place as a centre for maritime business, why older vessels run well make sense financially and environmentally, and what’s next for Taylor Maritime
The proceeds from the share sale will be used to fund newbuilding projects and purchase containers
Chinese container shipping firm will use the proceeds to fund its orderbook, purchase containers, develop a smart shipping platform project and replenish working capital
The seafarers’ union and maritime employers agreed a 3% wage rise for seafarers from next year, after three days of talks at the International Bargaining Forum. The collective pay deal covers workers on some 9,200 vessels flagged with open registries
Order pushes Evergreen’s newbuilding backlog to 67 ships, giving it a combined capacity of 671,422 teu, which means it only trails Mediterranean Shipping Co. Deliveries are expected to start from the second half of 2024
App injects transparency and accessibility into opaque market by freely publishing information about who is chartering which tankers, where cargoes lifted and where they are going, and how much is being paid
All set! This article has been sent to email@example.com.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.