CNY has outperformed most currencies vis-a-vis the dollar this year The Chinese yuan has tended to fall in the middle of the pack in terms of its performance versus the US dollar in the past few years, as the currency stability objective of the People’s Bank of China...

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Grieg Maritime Group has signed a contract with GT Wings to install at least two of their AirWing™20 on their fleet. Energy efficiency will be crucial for both climate action and commercial success going forward. Waiting for new fuels and new ships will not be enough...

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BIMCO’s executives and analysts have weighed in the aftermath of the ceasefire agreement in the Middle East war. More specifically, Chief Safety & Security Officer, Jakob Larsen commented the following: Will ships trapped in the Persian Gulf seek to leave...

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Ship traffic through the Strait of Hormuz may climb over the next week to 25% of the pre-war total of January and February, from 10% since the Iran war started, after the US and Iran agreed a conditional ceasefire, according to an April 8 report by S&P Global...

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The ship recycling market’s sentiment improved last week, despite adverse conditions. In its latest weekly report, Best Oasis, a leading cash buyer of ships, said that “the Indian ship recycling market witnessed improved activity this week, despite a significant...

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