Dedicated newbuild contracting by regional Mediterranean owners will have to increase in the coming years to replace ageing vessels removed from the fleet as progressively tighter environmental regulations come into force. In its latest quarterly Containerships sector...

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Shipping adheres to a time-honored tradition: When shipowners make exceptionally high profits, they order a lot of new vessels. When those newbuilds are delivered by the yards, it kills shipowners’ profits. Such boom-and-bust behavior has been de rigueur for over a...

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Dirty and clean tanker freight rates are expected to be firm in the October-December quarter amid higher seasonal demand, alternative sourcing from countries other than Russia, and some of the key refineries returning from maintenance, market participants said....

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The global manufacturing PMI survey found average input costs rising at an increased rate for the first time in five months in September, hinting at stubbornly persistent inflation within the worldwide factory sector. The renewed upswing in price pressures is being...

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Exporters are keeping their fingers crossed due to “visible” recessionary trends in the European Union (EU) as it could affect demand for domestic goods in that market in the coming months. The EU is one of major export destinations for Indian exporters, accounting...

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