ShippingWatch

Sliding interest in newbuilds after strong ordering in first quarter

Shipowners spent huge sums on newbuilds in the first months of the year, but interest in new ships took a steep plunge in the second quarter, according to data from Vessels Value. The first half of the year now hovers at the lowest level since early 2016.

Photo: Star Bulk Carriers

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Torm CEO after large deficit: Market has already turned

The recovery of a miserable product tanker market is well underway, says Executive Director Jacob Meldgaard in an interview with ShippingWatch after the company delivered yet another significant deficit in the third quarter.

Here is the roadmap for the liner companies' new global initiative

In as little as six months, two or three shared standards for container liner companies should be ready. That is the goal for the new global association between the world's largest container carriers, says André Simha, spokesman for the association and CIO at MSC, to ShippingWatch.

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