Rubymar becomes first constructive total loss of the Red Sea shipping crisis

The Rubymar, a general cargo vessel carrying a cargo of fertilizer, has become the first constructive total loss of the Red Sea shipping crisis. The ship was struck by missiles fired by Yemen’s Houthi rebels on on February 18 forcing the crew to evacuate. The ship then started to seep bunker fuel...

https://splash247.com/rubymar-becomes-first-constructive-total-loss-of-the-red-sea-shipping-crisis/

Shipping’s largest, most fragmented sector faces up to consolidation realities

Shipping’s largest sector – dry bulk – has experienced some very significant merger moves in recent months, which many believe is just the start of a period of consolidation for the highly fragmented industry. Analysis of dry bulk mergers as an ongoing trend forms the lead for the February issue of...

https://splash247.com/shippings-largest-most-fragmented-sector-faces-up-to-consolidation-realities/

China, Japan and Greece in a league of their own in latest shipowning charts

Which nation has the world’s most valuable commercial fleet? Two of shipping’s best-known data providers cannot agree.  VesselsValue yesterday unveiled its top 10 shipowning nations, reviewing the total asset values for vessels by beneficial owner country. Japan was at the top of the league, its...

https://splash247.com/china-japan-and-greece-in-a-league-of-their-own-in-latest-shipowning-charts/

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