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Tag Archives: Ports

Ports & Shipping

Shipping News

Dry bulk market dynamics shifting Demand for second hand dry bulk tonnage has been rising of late, with shipowners’ focus being the Handysize and Supramax sectors. In its latest weekly report, it is said that following the end of the …

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Pakistan’s Ports: deep and efficient

Pakistan’s Ports: deep and efficient

Prior to the pandemic, Pakistan’s ports handled a total trade volume of approximately 110.69 million tons during 2019. In 2020, with COVID-19 slowing the global economy, the volume dropped to 92.85 million tons, thus a difference of about 17.84 million …

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Ports & Shipping

Shipping News

Global Maritime Industry Scrap prices should rise in order to attract more tonnage says shipbroker An underwhelming demolition market has been the norm so far this year, despite expectations that a lackluster freight market, mainly for tankers, could increase tonnage …

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Ports & Shipping

Shipping News

Lack of tonnage prevalent in the demolition market Alack of tonnage is becoming evident in the ship recycling market, as the firming up of the freight market has limited selling opportunities among ship owners. In its latest weekly report, shipbroker …

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Ports & Shipping

Shipping News

Moody’s: global shipping industry’s strong performance in 2020 set to continue Although the container shipping industry was hit hard by the pandemic in the first half of 2020, the industry managed to stage a turnaround to become one of the …

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Ports & Shipping

Shipping News

Bio-lng fuel seen as ‘prime pathway’ to carbon neutrality The gradual introduction of bio-LNG alongside synthetic LNG is expected to incrementally decarbonise shipping towards IMO’s 2050 target of reducing greenhouse gas (GHG) emissions by 50 percent compared to 2008 levels. …

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Ports & Shipping

Shipping News

New quality standard and ngo for dry bulk sector launched Supported by the International Chamber of Shipping (ICS) and Bimco, DryBMS is escribed as a simple set of best practices and key performance indicators intended to raise the bar on …

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Ports & Shipping

Shipping News

Global Maritime Industry Ocean shipping companies lead the fight against the empty container build-up The willingness of shipping lines to make direct cost outlays and forego revenue to reduce the empty container backlog shows the incredible support being given by …

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Ports & Shipping

Shipping News

Dry bulk market expected to rebound during 2021 The dry bulk market could be heading towards a renewed wave of demand for raw materials, as the global economy is expected to grow once more after the pandemic. In its latest …

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Ports & Shipping

Shipping News

Shipping bodies call on Jeff Bezos to take a stand for stranded seafarers at industry round table The leaders of the major shipping bodies met virtually to discuss the most pressing issues facing the industry as we move into 2021. …

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Ports & Shipping

Shipping News

Newbuilding activity showing signs of “life” Most of the activity these days is centered around the S&P market, with ship owners looking for quality tonnage, mainly in the dry bulk market. However, some activity was also evident in the newbuilding …

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Ports & Shipping

Shipping News

Dry bulkers in demand Dry bulk carriers have been in high demand recently, as ship owners looked to capitalize on second hand investment opportunities. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, the …

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