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Greek owners most likely to be affected by US Sanctions on Iran

A significant increase in trade volumes can be seen following on from the lifting of US sanctions in January 2016. A seasonal pattern can be observed in ton-mile exports post January 2016, with total volumes rising in the Autumn months in preparation for higher Winter demand. However, given the volatile nature of the Iran-US relations ......


Clarksons Sees Improved Financial Performance in the Second Half of the Year

Clarkson PLC announces unaudited interim results for the six months ended 30 June 2018. Overview – Revenue of £152.6m (2017: £156.8m) – Underlying profit before taxation1 of £19.2m (2017: £24.5m) – Profit before taxation of £18.0m (2017: £21.9m) – Underlying earnings per share1 of 45.8p (2017: 57.5p) – Earnings per share of 42.5p (2017: 50.8p) ......


Scrubber Technology: Bilfinger Secures Orders Worth Millions from Maritime Shippers

The industrial services provider Bilfinger is conquering new markets thanks to its scrubber technology. In the past weeks alone, the group secured contracts from several Greek maritime shipping companies to fit out at least 42 vessels with so-called ‘scrubbers.’ These are flue-gasdesulphurisation systems that filter out sulphurous exhaust gases by means of a special absorption ......


Dry Bulkers: Second-Hand Tonnage Primed for Taking

As the activity in the S&P market has subsided on account of the summer lull, it’s a perfect time for ship owners to contemplate on future deals and plan ahead. In a recent report, shipbroker Intermodal said that “the dry bulk market activity over the past four weeks has remained stable when compared to the ......


Dry Bulk Market: Rally Expectations Falter

Capesize Expectations of a further push in the market were largely unfulfilled last week as rates come under pressure in Asia as the North Atlantic trading eased and rates slipped back. West Australia/Qingdao failed to reach $10.00 and dropped to around $9.50, with one charterer managing to secure a couple of ships at $9.20. A ......


Tankers Orders Take Top Spot

The overall value of bulk carriers on the water remains higher than the global Tanker fleet. However, the amount of money being invested in new Tankers outweighs the interest being reported in the dry segment. The breakdown in new orders for the Tanker and Bulker markets varies somewhat. Orders for the largest vessel sizes, i.e ......


Marine News:

Greek owners most likely to be affected by US Sanctions on Iran

A significant increase in trade volumes can be seen following on from the lifting of US sanctions in January 2016. A seasonal pattern can be observed in ton-mile exports post January 2016, with total volumes rising in the Autumn months in preparation for higher Winter demand. However, given the volatile nature of the Iran-US relations ......


Clarksons Sees Improved Financial Performance in the Second Half of the Year

Clarkson PLC announces unaudited interim results for the six months ended 30 June 2018. Overview – Revenue of £152.6m (2017: £156.8m) – Underlying profit before taxation1 of £19.2m (2017: £24.5m) – Profit before taxation of £18.0m (2017: £21.9m) – Underlying earnings per share1 of 45.8p (2017: 57.5p) – Earnings per share of 42.5p (2017: 50.8p) ......


Scrubber Technology: Bilfinger Secures Orders Worth Millions from Maritime Shippers

The industrial services provider Bilfinger is conquering new markets thanks to its scrubber technology. In the past weeks alone, the group secured contracts from several Greek maritime shipping companies to fit out at least 42 vessels with so-called ‘scrubbers.’ These are flue-gasdesulphurisation systems that filter out sulphurous exhaust gases by means of a special absorption ......


Dry Bulkers: Second-Hand Tonnage Primed for Taking

As the activity in the S&P market has subsided on account of the summer lull, it’s a perfect time for ship owners to contemplate on future deals and plan ahead. In a recent report, shipbroker Intermodal said that “the dry bulk market activity over the past four weeks has remained stable when compared to the ......


Dry Bulk Market: Rally Expectations Falter

Capesize Expectations of a further push in the market were largely unfulfilled last week as rates come under pressure in Asia as the North Atlantic trading eased and rates slipped back. West Australia/Qingdao failed to reach $10.00 and dropped to around $9.50, with one charterer managing to secure a couple of ships at $9.20. A ......


Tankers Orders Take Top Spot

The overall value of bulk carriers on the water remains higher than the global Tanker fleet. However, the amount of money being invested in new Tankers outweighs the interest being reported in the dry segment. The breakdown in new orders for the Tanker and Bulker markets varies somewhat. Orders for the largest vessel sizes, i.e ......


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