Top News by Hellenic Shipping News Worldwide
What does the top news covers?
It shall cover all the articles about every aspect of the industry, including ports, containers, and breakbulk lines; and ships and ship chartering. Coverage also includes the impact of recent industry mergers and acquisitions, and of emerging new technologies such as blockchain, artificial intelligence, and the Internet of Things.
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- Tanker Rates Could Soon Receive Some Positive Momentumby hellenicshippingnews… on 26/07/2021 at 9:00 pm
Tanker owners could get a boost in terms of a rise of the freight market, after a dismal year so far. In its latest weekly report, shipbroker Allied Shipbroking said that “tanker owners are currently facing the most challenging period noted in the last decade. Earnings have plummeted, charterers’ interest has been anemic during the … The post Tanker Rates Could Soon Receive Some Positive Momentum first appeared on Hellenic Shipping News Worldwide.
- Acceleration in port capacity investment insufficient to support cargo demand growthby hellenicshippingnews… on 26/07/2021 at 9:00 pm
Surging container shipping cargo demand in the wake of the pandemic has resulted in a significant improvement in the global terminal capacity outlook, but this may not be sufficient to support forecast traffic levels, according to the latest Global Container Terminal Operators Annual Review and Forecast report published by global shipping consultancy Drewry. Drewry’s annual … The post Acceleration in port capacity investment insufficient to support cargo demand growth first appeared on Hellenic Shipping News Worldwide.
- Decarbonisation And Shipping: Ship Recycling – A Changing Landscapeby hellenicshippingnews… on 26/07/2021 at 9:00 pm
As the drive to decarbonise shipping gains increasing momentum, and as incentives and pressure on shipowners to operate more efficient and greener ships mounts, a related spike in early retirement of ships difficult to decarbonise and which are losing favour in the market, may result. Consequently, decarbonisation of shipping may drive a boom in ship … The post Decarbonisation And Shipping: Ship Recycling – A Changing Landscape first appeared on Hellenic Shipping News Worldwide.
- VLCC Owners Stand to Gain from OPEC’s Decision to Raise Crude Oil Productionby hellenicshippingnews… on 25/07/2021 at 9:00 pm
Owners of the largest crude oil tankers stand to gain from the recent OPEC’s decision to increase production. In its latest weekly report, shipbroker Gibson said that ‘so, after several weeks of behind the scenes talks and political wrangling, the OPEC+ alliance has once again found a way forward in its quest to manage oil … The post VLCC Owners Stand to Gain from OPEC’s Decision to Raise Crude Oil Production first appeared on Hellenic Shipping News Worldwide.
- Dry Bulk: Market Lacks Strong Upward Momentumby hellenicshippingnews… on 25/07/2021 at 9:00 pm
Capesize The market drifted sideways lacking a strong directional lead most of the week, with gains towards the end the 5TC average settling at $32,469 to close the week, up almost $4,000. Looking closer at the regional feel the Transpacific C10 fortunes were on the rise this week lifting over $11,300 to $38,763, while the … The post Dry Bulk: Market Lacks Strong Upward Momentum first appeared on Hellenic Shipping News Worldwide.