Although the recovery of bulk carrier earnings has fired sale and purchase activity, values and new orders, market faces an uncertain outlook for the balance of the year, according to research and consultancy firm Maritime Strategies International (MSI).
MSI has forecast a positive short-term outlook for dry bulk freight rates but has cautioned on prospects in the second half of the year. Read more . . .
The launch of THE Alliance and the Ocean Alliance is providing a test for the container charter market. The two new alliances went live on 1 April after helping to fuel a surprisingly strong rally in the charter market.
Rates for intermediate and large containerships have doubled since the start of the year as lines chased a diminishing supply of available tonnage to fill gaps in their new service schedules. Read more . . . (Subscription)
Maritime Strategies International (MSI) Ltd is a dynamic and highly successful shipping consultancy. Currently in a period of rapid growth, we are now looking for a Liquefied Gas Market Analyst. The successful candidate will play a key role in developing new products and revitalising our existing gas shipping services. Read more . . .