Another bulk carrier hits financial dire straits

Dry bulk carrier Global Maritime Investments Cyprus has succumbed to the crisis and has filed for receivership in New York.

BY OLE ANDERSEN

Yet another dry bulk carrier finds itself in financial dire straits following the deep crisis in the sector.

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Congestion in Asian ports is now as bad as during Covid

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Cosco and CMA CGM expect further pressure on major European ports

French CMA CGM is expanding capacity on the Asia-Europe route to ease peak season congestion over the summer.

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Congestion in Asian ports is now as bad as during Covid

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Another bulk carrier hits financial dire straits

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Bulk carrier in cash emergency enters receivership

Shipowner buys vessels from himself in DryShips meltdown

Creditors have USD 110 million trapped in Copenship

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

Packed container ships trigger surge in air freight demand

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

Analysis: Capesizes have become too expensive despite strong market

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

14 arrested at demonstration in front of Maersk headquarters

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Jobs