Market values at the trend-setting dry bulk carriers were virtually cut in half in 2015 following the slowdown in China's economy, which has resulted in huge losses with no guarantee that rock bottom has been reached yet.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
MPC orders four methanol-ready container ships
German company MPC Capital, which owns shipowner MPC Container Ships, orders four newbuilds able to sail on methanol. The first ship in the series is slated for delivery next year.
Ørsted wants Maersk as customer in green methanol project
Energy company Ørsted has just bought 45 percent of Swedish Flagship One, which is set to produce green methanol for the shipping industry as of 2024. Ørsted's head of hydrogen wants Maersk as customer in the large scale project, he tells ShippingWatch.
Flexport's head of Europe to step down
US freight forwarder Flexport will get a new Head of Europe as current Europe chief Jan van Casteren steps down in March.
Singapore names its biggest bunker suppliers
TFG Marine, a bunker company founded by two John Fredriksen-controlled carriers and commodity trader Trafigura, is among the five biggest bunker suppliers in Singapore in 2021. See the list here.
Record number of ships passed through Suez in 2021
Despite the blockage in the Suez Canal during spring of last year, the crucial waterway set a record for the number of ships passing through in 2021, reports Bloomberg. The canal is expected to complete an expansion by the middle of next year.
Investment Analyst 
Director of Lederne Søfart 
Chief Operating Officer 
Key Account Manager, Denmark 
Sales Director