According to a study report, the global shipping containers market is anticipated to witness significant market valuation and a robust growth rate during the period of assessment 2017-2025.
Drewry: Dry Bulk Shipping To Recover On Muted Vessel Supply
Moderating vessel supply growth over the next few years together with a mild improvement in the outlook for seaborne trade will enable a reduction on chronic overcapacity.
Latest Shipping News
Photos: ITF’s New Norwegian Inspector Gets Crew Home, Paid Stolen Wages
Crew Member Kidnapped From LNG Carrier In the Gulf of Guinea
MOL Steps Up Research Aimed At Autonomous Collision Avoidance
India: DG Shipping Appointed As National Authority For Ships Recycling
Mitsubishi Shipbuilding Receives BV Approval For New LNG Fuel System
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IHS: Expect More Volatility in Dry Bulk Freight Rates
Shipping rates for vessels transporting commodities such as coal, iron ore and grains racked up impressive gains in the first quarter of 2016 after hitting record lows, but the rally could flatten out into the second half as the macroeconomic outlook remains uncertain, the latest forecasts show from IHS Inc., the leading global source of critical information and insight.
Latest Shipping News
Photos: ITF’s New Norwegian Inspector Gets Crew Home, Paid Stolen Wages
Crew Member Kidnapped From LNG Carrier In the Gulf of Guinea
MOL Steps Up Research Aimed At Autonomous Collision Avoidance
India: DG Shipping Appointed As National Authority For Ships Recycling
Mitsubishi Shipbuilding Receives BV Approval For New LNG Fuel System
Pioneering LADAR System Aims To Revolutionize Marine Plastic Detection
Dry Bulk Revisits 1980s Lows And Faces Uncertain Longer Term Outlook
In terms of annual average fleet employment rates, the dry bulk market has now dropped to levels last seen over 20 years ago in 1992, according to the latest quarterly dry bulk market forecast from MSI*.
Latest Shipping News
Photos: ITF’s New Norwegian Inspector Gets Crew Home, Paid Stolen Wages
Crew Member Kidnapped From LNG Carrier In the Gulf of Guinea
MOL Steps Up Research Aimed At Autonomous Collision Avoidance
India: DG Shipping Appointed As National Authority For Ships Recycling
Mitsubishi Shipbuilding Receives BV Approval For New LNG Fuel System
Pioneering LADAR System Aims To Revolutionize Marine Plastic Detection
Drewry: Dry Bulk Shipping Needs Drastic Measures
Dry bulk shipping is facing a perfect storm and requires drastic supply side measures if the industry is to return on course to profitability in the medium term, according to the latest edition of the Dry Bulk Forecaster report published by global shipping consultancy Drewry.
Latest Shipping News
Photos: ITF’s New Norwegian Inspector Gets Crew Home, Paid Stolen Wages
Crew Member Kidnapped From LNG Carrier In the Gulf of Guinea
MOL Steps Up Research Aimed At Autonomous Collision Avoidance
India: DG Shipping Appointed As National Authority For Ships Recycling
Mitsubishi Shipbuilding Receives BV Approval For New LNG Fuel System
Pioneering LADAR System Aims To Revolutionize Marine Plastic Detection
Survival Of Fittest For Commodities Shipping Firms In 2016
Shipping companies that transport commodities such as coal, iron ore and grain face a painful year ahead, with only the strongest expected to weather a deepening crisis caused by tepid demand and a surplus of vessels for hire.
Latest Shipping News
Photos: ITF’s New Norwegian Inspector Gets Crew Home, Paid Stolen Wages
Crew Member Kidnapped From LNG Carrier In the Gulf of Guinea
MOL Steps Up Research Aimed At Autonomous Collision Avoidance
India: DG Shipping Appointed As National Authority For Ships Recycling
Mitsubishi Shipbuilding Receives BV Approval For New LNG Fuel System
Pioneering LADAR System Aims To Revolutionize Marine Plastic Detection
Asia Dry Bulk-Capesize Rates Could Hit Bottom As Owners Wait For Cargo Rebound
Freight rates for capesize bulk carriers could bottom next week as owners resist charterers’ attempts to force rates lower on the expectation of an end-of-year cargo flurry, brokers said on Thursday.
Latest Shipping News
Photos: ITF’s New Norwegian Inspector Gets Crew Home, Paid Stolen Wages
Crew Member Kidnapped From LNG Carrier In the Gulf of Guinea
MOL Steps Up Research Aimed At Autonomous Collision Avoidance
India: DG Shipping Appointed As National Authority For Ships Recycling
Mitsubishi Shipbuilding Receives BV Approval For New LNG Fuel System
Pioneering LADAR System Aims To Revolutionize Marine Plastic Detection
Dry Bulk Market Crisis: An Opportunity Or Threat?
The shipping industry is experiencing the biggest dry bulk market recession since the 1980s. The uncertain global economic outlook and the increased imbalance between supply and demand have lead to historical low freight rates.