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The 2010s: a decade of market imbalance and ultra large container ships

07.07.2020

Reduced volumes are currently posing a major challenge to container shipping due to the COVID-19 crisis. So far, freight rates have been held up by the massive blanking of sailings that carriers have put in place. However, even before this crisis, the container shipping industry was saddled with overcapacity carried over from the previous decade, a problem that will rise again due to the demand fallout from the COVID-19 pandemic.

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Dry Bulk Market: Capesize Market Reaches New Highs

29.06.2020

As the halfway mark of 2020 arrives, the capesize market is making new highs for the year. From persistent lows earlier caused by a barrage of negative factors, the capesize 5TC market has outperformed in spectacular fashion to now reside at $29641.

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Globus Maritime Reports 35% Decrease in Voyage Revenues on COVID-19 Impact.

15.06.2020

Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated operating and financial results for the quarter ended March 31, 2020.

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Newbuilding Market of “Two Worlds”

04.06.2020

Ship owners have reentered the newbuilding market, but only for the segments which have shown the most potential. In its latest weekly report, shipbroker Allied Shipbroking said that “the vast difference in sentiment being noted between the dry bulk and tanker sectors was perfectly depicted last week in the newbuilding market.

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Getting the bunkering lead time right is more important than ever

01.06.2020

The key factors that are worth considering when buying bunker fuel are quality, availability and price. Excluding quality, availability and the relative price paid generally tend to correlate with the lead time, which is the difference between the enquiry/stem date and the start of the delivery window. Following the IMO2020 transition, longer lead times have […]

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How the shipping industry prepares for the digital future

04.02.2020

Cyberattacks? Ship delays? Problems fuel Henning Schleyerbach. That’s why he is just right at the DCSA. With his degree in physics and as a former IT expert at Hapag-Lloyd, he knows that there is a solution to every challenge.

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