Market Optimism Boosts Investment in Modern Tonnage

Ship owners are in full swing these days, when it comes to newbuilding and S&P investments alike.

Panama Canal sees record annual cargo tonnage

The Panama Canal closed its 2018 fiscal year (FY 2018) with a record tonnage of 442.1m Panama Canal tonnes (PC/...

BWM Convention still 0.13% short in tonnage terms as Peru accedes

The Ballast Water Management (BWM) Convention has edged closer to ratification with the accession of Peru.Peru...

Is it the right time to buy secondhand dry bulk tonnage?

Dry bulk is still a smart move if you have equity in your pocket, but buy existing tonnage, rather than newbuilds, a leading global dry-bulk analyst told the recent Mare Forum conference in Abu Dhabi. ...

Panama Canal records historical tonnage

The Panama Canal Authority has closed fiscal year 2015 with a record tonnage of 340.8m PC/UMS tonnes (Panama Canal Universal System Tonnage), which an increase of 4.3% compared to 326.4m tonnes in fiscal year 2014. ...

Greek bailout: Shipping faces higher tonnage taxes, phasing out of special treatment

Greek shipowners face higher tonnage taxes and the phasing out of special tax treatment under the terms of the 3rd bailout deal for the cash-strapped country. ...

Excess container vessel tonnage is a ‘permanent problem’: OOIL

The excess tonnage capacity in the container shipping market is a “permanent problem”, as carriers have the tendency to...