Economics
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Port News
Hormuz paralysis rewrites shipping economics
With oil prices zooming up in early trading by their largest percentage daily gain seen since 1988, and overall spot…
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Marine World
Orsted Cancels Major UK Wind Project as Economics Worsen
COPENHAGEN, May 7 (Reuters) – Orsted will no longer build a major offshore wind farm in Britain, it said on Wednesday, citing a…
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Maritime News
Thordon Bearings Expands Baltic Presence with Axioma Servisas Appointment
[By: Thordon Bearings] As part of its strategy to penetrate new and emergent markets, Thordon Bearings has appointed Axioma servisas…
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Port News
Shipbuilding economics do not work in America’s favour
Gerry Duggan questions how realistic it is for the US and the UK to rekindle their shipbuilding heritage. Every now…
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Port News
Economics of ammonia-ready ships questioned
Asiatic Lloyd has signed for two firm ammonia-ready 7,100 teu boxships. The deal with Dalian Shipbuilding Industry Co for the…
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Port News
Debate on scrubber economics ‘all but gone now’
Whether an owner will ever achieve full payback for a scrubber is now debatable with the price gap between high…
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Maritime News
China’s Giant Three Gorges Dam Faces Major Test
[By Peter McCawley] To understand China, it’s not a bad idea to keep an eye on what is happening inside…
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Maritime News
Oil Economics: Freight Rate Surge Cuts into Trader's Profits
A jump in freight rates has shaved profits for oil traders seeking to store crude for sale towards the end…
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