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Bangladeshi Scrapping Tax Revoked

The prohibitive taxes announced in Bangladesh’s recent budget will be reversed for the next two years, at the very least, cash buyer of ships for recycling GMS said. Members of the...

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Triyards to Deliver Loss for Q3

Singapore-based Triyards Holdings Limited informed that it expects to report a net loss for the third quarter of the 2017 fiscal year ended May 31. In the company’s profit guidance, released...

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Everyone wants a supramax

JP Morgan, Eastern Mediterranean Maritime (EastMed), Unisea, Technomar and Star Bulk are among the companies who have snapped up supramaxes during the past month. What is more, declining asset values...

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Homeward Bound?

“Going where the work is” has been a familiar mantra for many generations across the world, and the shipping industry is no different. Indeed, much of the world’s oil tanker...

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