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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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Demolition Market Off to a Good Start

29.01.2020

Ship owners have been more active in the demolition market this week, as freight rates have retreated in most markets, triggering an exodus of older units. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “it would appear that many more vessels are being talked around the market with Owners starting to consider options for their vintage units, especially as they start to adjust themselves to the IMO 2020 regulations and look for business opportunities.

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Dry bulk trade in 2020: continuing sluggish growth?

24.01.2020

A further slowing of global dry bulk trade growth momentum unfolded last year. Estimates suggest that in 2019 as a whole growth was weak, below the previous year’s increase. Signs point to a similar outcome – a weak increase – in 2020.

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