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Costamare’s Bond Issue Shows That Financing Can Be Found, but Scale is Ever More Important Today.

08.06.2021

With financing being harder to raise, ship owners are actively looking at alternative sources of capital raising. Costamare did so by raising 100 million euros in unsecured bonds through the Athens Stock Exchange.With financing being harder to raise, ship owners are actively looking at alternative sources of capital raising. Costamare did so by raising 100 million euros in unsecured bonds through the Athens Stock Exchange.

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Ship Recycling: Are High Prices Off the Table?

02.06.2021

The latest developments in the ship recycling market suggest that the period of high offers presented by yards to ship owners are a thing of the past. 

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Skuld’s IMO 2020 sulphur cap experience.

25.05.2021

More than a year has passed since the International Maritime Organization (IMO) mandate for the 0.50% sulphur cap for marine fuel (MARPOL Annex VI) came into force. The regulation orders ships to only use marine fuels with a sulphur content of no more than 0.50% sulphur.Skuld’s IMO 2020 sulphur cap experience

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Dry Bulk Market: Is the Momentum Sustainable This Time Around?

18.05.2021

Despite last week’s setback, the dry bulk market continues to impress with its strong trajectory since the onset of this year. In its latest weekly report, shipbroker Allied Shipbroking said that “now, reaching close to halfway through the 2nd quarter of the year, the current orbit in freight earnings is far from just an “atypical” bullish start, pushing somehow many market participants to become even more enthusiastic and “hungry” for fresh business opportunities. 

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The Green Revolution Could Be a Boost for Product Tankers

10.05.2021

Product tankers operating in Europe could receive a welcome increase in demand, as a result of the “Green” revolution underway in the continent. In its latest weekly report, shipbroker Gibson said that “there is no doubt that the green revolution is underway and arguably Europe is its epicentre. 

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Capesize dry bulk earnings break record on the back of strong 2021-start

21.04.2021

As daily earnings for the largest of the dry bulk ship types – capesize – reached USD 28,520 on Friday 16 April, a ten-year-high was attained. However, whereas Fridays’ daily average time charter equivalent earnings (TCE) are seasonally strong, they are not special by their own merit.

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