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VLCC Tanker Market Hits the Rocks

The VLCC market sentiment was firmly in negative territory this week as fundamentals continued to sour said shipbroker Charles R. Weber in its latest weekly report. “In the Middle East market, cargo volumes during the first two de...


Dry Bulk FFA: Supramax Market Looking Bullish

Supramax Index- Technically bullish we have concerns regarding the recent market pullback and the potential Elliott wave formation. • Dec – This technical is starting to weaken having made a lower low after an aggressive two day p...


Lloyd Register : Defining decarbonisation pathway for shipping – Zero Emission Vessels 2030 study released

The first milestone in the IMO greenhouse gas (GHG) Roadmap is approaching: MEPC 72 in April 2018. The world is watching to see if an ambitious reduction strategy in line with the Paris Agreement can be delivered. To achieve this ...


Too much capacity can hinder the dry bulk market’s recovery in 2018

The dry bulk market looks to be on a tight rope as it balances its way out of the doldrums. Overcapacity will still linger on as 2018 is about to enter the foray. In an exclusive interview with Hellenic Shipping News Worldwide (ww...


Plenty Of Gifts For Container Shipping This Year…

The festive season is coming closer, and for many of us the time to get the seasonal shopping done is running out. For the containership sector, however, the peak shipping season was back in the summer, giving us a chance to refle...


Increased disclosure required under IFRS 15: are you ready?

New accounting standard IFRS 15, Revenue from Contracts with Customers, introduces more detailed requirements for presentation and disclosure than the standards it replaces. Shipping company financial statements do not currently d...


Ship-repair market next boom cycle expected during the second half of 2018

The current state of the ship-repair market can be described as rather slow. In its latest report, Interyards SA said that “moving towards the end of 2017, we are facing a relatively slack period of business in the ship repair sec...