Given the availability and relative affordability of proven technology capable of making the existing fleet more efficient, why are shipowners not queuing outside ship repair yards demanding immediate retrofits to their ships? This week’s podcast explores the complex questions of finance, payback and a deeply conservative attitude to technology upgrades
Greece-based containership and gas carrier owner has $1.9bn backlog of contracted revenue, of which 64% is tied to its seven LNG carriers
K Line’s dry bulk segment was supported by increasing demand for Chinese grain imports in the last nine months of last year
In the automotive transportation segment, the impact of the global semiconductor shortage and the coronavirus on automobile production volumes is gradually receding, and transportation volumes increased compared with the same period last year, NYK said
Greater volatility amid uncertainty related to geopolitics, and the pandemic effects disrupting supply chains, is bound to drive interest in the new futures contracts at this time, says SGX head of commodities
Adani Ports-led consortium officially took over Haifa port in Israel earlier this week
Euronav’s jilted chief Hugo De Stoop is going through a messy divorce, but is he holding out some hope that the relationship may not be over, or is he already looking for new partners?
The European Commission presented its plan to increase competitiveness of the net zero industry, prompting calls from the shipping industry for maritime technology to be included
Deal includes a $4m cash payment on signing with the remainder to be paid in preferred shares
Sale of Netherlands shipowner includes seven modern geared multi-purpose ships of between 10,500 dwt and 12,500 dwt capacities, and one 12,000 dwt newbuilding is included in the deal
An unclear macroeconomic outlook and the unwinding of pandemic disruptions have led DSV to lower its outlook for 2023. But lower valuations could make room for more merger and acquisition activity
Company’s earning capacity to expand with four additional VLGCs to join the fleet as well as with fitting of scrubbers to three more ships
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