Resistance to scrap surplus OSVs will prolong offshore industry woes

The scrapping of idling offshore vessels in order to clear the surplus capacity is unlikely to happen, given the...

Greek fleet grows despite economic woes

Economic woes at home and abroad have failed to slow the growth of the Greek controlled fleet and today its carrying capacity is larger than ever and seems to be growing. ...

Scotland studies ferry options to ease Forth Bridge closure commuter woes

Transport for Scotland is mulling using ferries to replace the Forth Road Bridge, which was closed after authorities discovered a large crack in one of its supports. ...

Reefer Trade Not All Gloom from China’s Woes

The reefer trade in general and more specifically into China has been impacted by the economic conditions and the recent devaluation of the yuan.

China property woes spark fears iron ore price could head south

Dwindling Chinese property prices have sparked fears iron ore prices could be pushed even lower in the short...

Demand woes, low charter rates hit shipping industry

A bleak future is staring India’s shipping industry in the face. Depleting demand growth and lower charter ...

Global woes may sink shipbuilders

The specters of the global financial crisis and the European debt crisis still haunt shipbuilders in the Yangtze...