Alaric Nightingale

Government, Business, Equipment

Frothy Cargo Market Spurs Vessel Owners to Flip Ships

containership Containerships in Hamburg, Germany. (lbrix/Getty Images)

Flip this ship. That’s exactly what some containership owners are opting to do, capitalizing on a hot ocean freight market that shows few signs of cooling off.

Alaric Nightingale | Bloomberg News
March 3, 2021
Business, Logistics

World’s Biggest Shipping Market Booms as Trade War Shrugged Off

Anthony Kwan/Bloomberg News

Whether it’s the price of hiring giant freighters to haul hundreds of millions of tons a year of iron ore and coal, or smaller carriers moving grains, there’s a theme emerging: dry- bulk shipping rates are rallying despite an escalating trade war that may yet damage China’s economy.

Alaric Nightingale | Bloomberg News
July 6, 2018
Government, Business, Equipment, Fuel, Logistics

World Trade, Safety at Risk From New Fuel Rule, Ocean Shipping Group Says

Qilai Shen/Bloomberg News

A group representing the vast majority of the world’s ship owners said world trade is at risk if issues surrounding new fuel rules aren’t resolved quickly, providing the starkest warning yet as to the potential impact of regulations that are due to enter into force in less than two years’ time.

Alaric Nightingale | Bloomberg News
May 21, 2018