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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- Ship Recycling Activity on Holdby hellenicshippingnews.. on 24/02/2021 at 10:00 pm
The ship recycling market was halted over the past week, as holidays in the Far East meant a lull in sales. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “with the holidays in the Far East continuing into this week, the market was never able to get off the ground as a … The post Ship Recycling Activity on Hold first appeared on Hellenic Shipping News Worldwide.
- Dry Bulk Shipping: Strong Start To Year Ends As Slow Recovery Awaitsby hellenicshippingnews.. on 24/02/2021 at 10:00 pm
After an unusually strong start to the year, seasonality has caught up with the dry bulk market. Coupled with a slow recovery in global economic activity, it looks set to be another challenging year. Demand drivers and freight rates The dry bulk industry has enjoyed an unseasonably robust start to 2021. Average earnings in January … The post Dry Bulk Shipping: Strong Start To Year Ends As Slow Recovery Awaits first appeared on Hellenic Shipping News Worldwide.
- ENGINE: Europe & Africa Bunker Fuel Availability Outlookby hellenicshippingnews.. on 24/02/2021 at 10:00 pm
HSFO supplies are tightening in several Mediterranean and South African ports this week, while rough weather has disrupted bunkering in the Gibraltar Strait again. ARA’s independent fuel oil stocks were slightly lower last week, but are still far above their five-year average. The stocks remain high despite a recent pull for cargoes from the east. … The post ENGINE: Europe & Africa Bunker Fuel Availability Outlook first appeared on Hellenic Shipping News Worldwide.
- Dry Bulk Tonnage in High Demandby hellenicshippingnews.. on 23/02/2021 at 10:00 pm
A bullish sentiment is prevalent in the dry bulk market, leading to an increased demand for second hand tonnage. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, the market seems to be overflowing with bullish sentiment at this point. Overall activity was sustained for yet another at week … The post Dry Bulk Tonnage in High Demand first appeared on Hellenic Shipping News Worldwide.
- Global Container Shipping Rates Are High, but Unsustainableby hellenicshippingnews.. on 23/02/2021 at 10:00 pm
Global container shipping companies’ performance will be strong in 2021 after a profitable 2020, Fitch Ratings says. Spot freight rates will remain high in the short term, which will flow through to contracted rates for 2021. However, we consider the current rates unsustainable in the medium term, as the sector is susceptible to rate volatility … The post Global Container Shipping Rates Are High, but Unsustainable first appeared on Hellenic Shipping News Worldwide.