The expected reopening of the Iranian market following the nuclear accord has sent carriers flocking to the Middle Eastern country.
MSC is optimistic about opportunities in Iran
Maersk eyes big potential in the Iranian market
Container shipowners rapidly resume services to Iran
The massive tanker boom
The strength of the tanker market rebound has surprised the international analyst corps, who became because upgrading their forecasts after interim reports from players such as Euronav, Scorpio Tankers and d'Amico.
Tanker boom is significantly stronger than expected
Euronav made more than USD 92 million in Q2
Italy's d'Amico in best half year since 2008
Scorpio Tankers made USD 96 million in first half of 2015
DHT Holdings earned USD 22.2 million in Q2
Nordic American Tankers expands fleet again
The low price takes its toll
The low oil price continues to draw a dark trail for employees in the offshore industry, and oil majors including Norway's Statoil both directly and indirectly point to further layoffs in statements this week.
Another day, another 10,000 oil jobs axed
Biggest increase in Norwegian unemployment in six years
Fredriksen's Archer announces more layoffs after loss
Nordea: Oil price may be headed back down below 50
Statoil looking to trim costs further
Unemployed offshore vessels piling up off Norway
Brighter days ahead for dry bulk?
Has the massive downturn in dry bulk come to a halt? There now seems to be, at long last, a few positive signs on the horizon, for instance visible in the rate development for the major Capesize vessels - but there is still a long way to go.
Analysts: New sentiment arriving to dry bulk
More from ShippingWatch
United Heavy Lift sees full ships on booming oil, gas and wind
A shortage of modern MPP ships and an unexpected comeback for oil and gas means Hamburg-based United Heavy Lift is busy, Partner Andreas Rolner tells ShippingWatch. ”A year ago, we thought oil and gas was dead.”
Australian minister criticizes Svitzer in feud over labor agreements
Australia’s labor minister criticizes Maersk-owned Svitzer in relation to a labor agreement strife. The conflict resulted in work stoppage on Friday in a number of Australian ports.
Shipping in a safe position despite shaky world economy
Container carriers are facing a couple of difficult years, but otherwise the shipping industry looks set to do well despite dark clouds over the world economy, according to shipping analyst. ”Right now, most companies are making a lot of money.”
Waning European demand could significantly impact container market
Demand for container freight continues to decline in Europe, which could lead to significant overcapacity once current bottleneck issues are resolved, writes Sea-Intelligence.
UK’s biggest container port to be hit by eight days of strikes
Almost 2,000 dock workers at Britain’s biggest container ship port plan to strike for eight days this month after failing to reach a pay deal, threatening to sever one of the UK’s most important trade routes.
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