Navios South American Logistics Inc. Announces Submission of Confidential Draft Registration Statement

Navios South American Logistics Inc. announces it has confidentially submitted a draft Registration Statement on Form F-1 to the United States Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not …

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https://www.hellenicshippingnews.com/navios-south-american-logistics-inc-announces-submission-of-confidential-draft-registration-statement/

One in Four VLCCs to be Fitted With Scrubbers By the End of 2021

Scrubber uptake has been quite widespread in the VLCC segment, with shipbroker Gibson estimating that up to 31% of the existing fleet already fitted with the systems, while by the end of 2021, that share is expected to increase to about 40%. Scrubber make more financial sense to larger ships, where...

https://www.hellenicshippingnews.com/one-in-four-vlccs-to-be-fitted-with-scrubbers-by-the-end-of-2021/

More Scrapping, Fewer Deliveries Bode Well for the Dry Bulk Market in 2021

A smaller dry bulk fleet could be on the cards for 2021, should the existing trends and estimates materialize. In its latest weekly analysis, shipbroker Intermodal said that “we expect the rise in scrap prices amid the inflection of steel prices to multi-year highs to incentivize scrapping of...

https://www.hellenicshippingnews.com/more-scrapping-fewer-deliveries-bode-well-for-the-dry-bulk-market-in-2021/

Dry Bulk Market Could Be Set for a Sustainable Rebound During 2021

The fundamentals for the dry bulk market seem to be improving as we entered 2021. A moderate dry bulk fleet growth during 2020, combined with improving demand, could set the tone for this year. In its latest weekly report, shipbroker Allied Shipbroking said that “the rally noted during 2020 in the...

https://www.hellenicshippingnews.com/dry-bulk-market-could-be-set-for-a-sustainable-rebound-during-2021/

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