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Euronav Acquires 3 VLCCs

Euronav NV announces the agreement for acquisition through resale of three latest generation of Eco-type VLCCs. The transaction is consistent with our core...

Sea-air Opted To Get Goods Out of China

Retailers opt for sea-air to bring their goods out of China. Garment industry needs new season launch stocks into shops before Easter. Importers...

No Way To Forecast The Severity of the Coronavirus Implications As Quarantine Continues

Coronavirus outbreak causing markets to tumble and bringing shipping to halt BIMCO's Peter Sand says that the Intra Asian shipping route will bear...

2050 Decarbonization Threatens LNG Carrier Prospects!

Shippers need to think beyond 2030 and concentrate on new LNG technology LNG carriers will become outdated in 2050 as the world moves...

Shipping Getting Smashed by Coronavirus

The Coronavirus epidemic in China has smashed shipping by bringing down the number of cargo that needs to be transported. Giant Capesize carriers...

VV Report Highlights Poor Prospects for Tanker Market

VesselsValue has issued a new report after positive autumn and winter. It analyses factors such as the lifting of US sanction, increased crude...

Concentrate on Long-term New Ships To Buy Time for the Chinese Oil Demand Rebound

Short term spike in the tanker market as geopolitical events and coronavirus outbreaks heightens. The outbreak caused some short-term tanker rates to fall...

Weekly Bulk Report – Week 6, 2020

The Baltic Briefing has released a report about the dry bulk market of the 6th week of shipping activities of this year. The report...

Wärtsilä Boss Determined To Focus on Sustainable Energy and Practices

 Jaakko Eskola, President & CEO is determined to chart out a routine for the company in 2020. The company plans to harvest renewable...

Is IMO 2020 Transition the Reason for Crumbled Container Trades?

Charging even 50% of expected increased bunker charges due to 2020 transition to customers seems impossible. The ocean freight itself is at a...
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