The Ukraine war rumbles on, with Russian seafarers and oilfield workers now in danger of being drafted into president Putin’s meat-grinder of death and mayhem in Donbas ..
The post COLUMN | Offshore wind update: Eneti, Cyan Renewables, Purus/HST, Vallianz and Marco Polo [Offshore Accounts] appeared...
Monday was a rough day all around on Wall Street but particularly painful for owners of ocean shipping stocks, which fell much more sharply than the broader market. Concerns over China’s economy, oil demand, Fed tightening and inflation added up to one of the worst trading sessions of the year for shipping names. From tankers to dry bulk to containers, double-digit plunges were widespread.
Even so, ocean shipping stocks — generally micro-cap equities traded by retail investors — are still...
https://www.freightwaves.com/news/shipping-stocks-take-another-beating-sinking-by-double-digits
If advertising on Instagram, it pays to have a powerful and beautiful influencer hawking your wares to their millions of followers. Unfortunately, they sometimes overstep ..
Summer is usually a quiet time for deals, when investment bankers retreat to their villas in the south of France, Norwegian shipowners retire to their family chalets for ..
Marlink and Scorpio Shipmanagement have signed an agreement to upgrade the hybrid VSAT network solution on all vessels in its fleet, with additional bandwidth to enable new data, applications and reporting.
The service extension will provide Scorpio with higher bandwidth services to meet an increasing level of business need for higher data rates and usage volumes. Scorpio’s global fleet of about 150 vessels will be able to satisfy current and future requirements from charterers and regulators,...
Holland’s Glorie is a novel published in 1940 by the Dutch writer Jan de Hartog. The novel glorified the life of the pre-war salvage master. In English, it was publishe ..
Further evidence of the growing speculative bubble in offshore wind came from Cadeler, the wind turbine installation company formerly known as Swire Blue Ocean, which ..
Speculative capital is now investing in high specification, purpose-built ships to support wind farms that have not even yet been installed. We have previously covered ..
The largest U.S.-listed dry bulk shipping companies are buying up ships in the secondhand market in anticipation of higher rates ahead.
During conference calls on Thursday, executives of both Golden Ocean (NASDAQ: GOGL) and Star Bulk (NYSE: SBLK) highlighted stronger fundamentals for 2021, with vaccine-fueled cargo demand growth expected to outpace vessel supply growth.
According to Star Bulk CEO Petros Pappas, “Clarksons expects the dry bulk trade to expand by 3.7% in terms of ton-miles. On the...
https://www.freightwaves.com/news/the-big-get-bigger-in-public-dry-bulk-shipping
