Cosco Shipping Holdings downgraded over trade fears
Hong Kong-listed liner giant to suffer double whammy of tariffs and high bunker prices, says analyst.
Cosco Shipping Holdings downgraded over trade fears Read More »
October 2018
International Maritime Bureau founder Eric Ellen dies at 88
Eric Ellen recognised the need for a co-ordinated global effort in order to tackle crimes against shipping
Related StoriesOlder, smaller chemical tankers face premature scrapMore visibility needed on fuel availabili…
International Maritime Bureau founder Eric Ellen dies at 88 Read More »
As VLCC Rates Spiked, Product Tankers Are Still Reeling Under Pressure
This week’s big news, from a shipping market’s standpoint, was the spike of the VLCC tanker market. Shipbroker Gibson noted in its latest weekly report that “the highlight of this week’s trading has been an impressive spike in spot VLCC rates, with dai…
As VLCC Rates Spiked, Product Tankers Are Still Reeling Under Pressure Read More »
Wilhelmsen pinpoints condition monitoring as key to combating stability issues with new low sulphur fuels
The 1st of January 2020, the date when the permissible level of sulphur in fuel is lowered from 3.5% down to 0.5%, is fast approaching. To meet demand, in addition to low sulphur distillates, the fuel market will also include a number of new hybrid and…
Dry Bulk Market: Capesizes Waiting for China’s Return from the Holidays
Capesize It was a surprising start to the week, with rates moving in some key areas despite a week of Asian holidays, although some moves were attributed to draft issues and rising bunker values. On the West Australia/China run rates for Dampier cargoe…
Dry Bulk Market: Capesizes Waiting for China’s Return from the Holidays Read More »