Asia Fuel Oil-Refining margins resume their climb ahead of rising summer demand

Fuel oil refining margins extended their gains on Tuesday which rose to some their highest levels since at least...

Alphaliner: Classic Panamaxes Facing Their Demise

The opening of the long-awaited Expanded Panama Canal will inflict a severe blow to the classic panamax market, i.e. the fleet of 4,000- 5,300 teu vessels, according to Alphaliner, as they are phased out of service and sent for scrap.

Forwarders distancing box lines from their customers: JSA chairman

Container shipping companies need to be closer to the cargo owners, but the increasing influence of forwarders is...

Capesize dry bulk carriers are increasing being “parked” by their owners

The fall of the dry bulk market to levels well below operating expenses has started to sting Capesize owners,...

Very large gas carrier owners hold onto their hats

Just when it looked like things could not get any better for owners of very large gas carriers (VLGCs), they...

Shipping firms in China struggle to keep their heads above water

Shipping firms in China have been struggling as shipping prices have hit a record low.Shipping costs for short...

Half of Seafarers Unable to Keep in Touch with Their Loved Ones

A recent survey shows that up to half of seafarers don’t have reasonable access to communication in order ...