That is the message from one of the most respected leaders in the shipping world, billionaire Dr Helmut Sohmen, chairman of the Hong Kong-based BW Group ( Read more... )

The World Fleet in service has grown by 10.1% in terms of carrying capacity, and amounts 1.39bil tones compared to 1.26bil tones in 2009. The largest year on year increase was evidenced In the Dry Bulk sector with a 15.6% increase that has pushed the Dry bulk carrying capy to 623mil tons compared to 539mil tons in 2009. The Tanker sector increased ( Read more... )