Containership charter rates have remained on a steady upwards trajectory this year and remain 200% higher than in 2019, despite slumping spot freight rates, to which some carriers point as evidence that talk of overcapacity in the market is overblown. It is not...

Read More

According to the BBC and many other publications US-China trade tensions back as port fees take effect. The BBC says, “ The US and China started charging new port fees on each other’s ships on Tuesday, as trade tensions between the world’s two biggest economies...

Read More

The second-hand ship market has seen many new deals over the past week. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, the Panamax NAVIOS HELIOS 77,000 dwt 2005 Namura built was reported sold to Hong Kong interests at $8.25 mln....

Read More

The group’s half-year results for the period 1 January 2025 to 30 June 2025, on an Estimated Total Call (ETC)* basis, were as follows: A result of USD 102 million A Combined Ratio Net (CRN) of 117% A technical loss of USD 88 million (ETC basis) A non-technical profit...

Read More

Looking to the future with optimism: According to the latest SMM Maritime Industry Report (MIR), shipowners and shipyards around the world are planning to invest substantially in efficiency, AI and fleet modernization. One year before SMM, the leading global maritime...

Read More

The Women’s International Shipping & Trading Association (WISTA International) and BIMCO, the global trade association whose members represent 64% of the world’s tonnage, have signed a Memorandum of Understanding (MoU) to formalize collaboration in promoting...

Read More