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Belships signs new contracts at higher rates

Norwegian dry bulk carrier Belships enters new TC contracts for four vessels as a consequence of the heated dry bulk market, and the new rates are significantly higher, the company informs.

Belships is optimistic despite red numbers in 2020

Norwegian Belships is in the red after the Covid-19-plagued year 2020. However, a record-low orderbook and increasing demand lay the foundation for a strong market in the coming year, according to the annual report.

Belships records deficit after several profitable years

The Norwegian dry bulk operator landed a small profit in the fourth quarter unlike in the previous quarters of 2020, in which the company lost money in light of a historically small order book in the dry bulk market. The annual result lands in the red.

Danske Bank points to the climate winners and losers in shipping

Climate efforts have become a parameter in line with companies' abilities to be profitable. In a new report, Danske Bank points out which shipping companies are the closest to achieving the IMO's target of lower emissions and which still have the furthest to go.

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