The vessel speed and consumption used in these TCE calculations are derived by market survey and reflect market practice for…
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The operation of the new Dangote refinery in Nigeria is bound to affect the West African tanker market. At this point, it’s only a matter of when, not if. In its latest weekly report, shipbroker Gibson said that “a few months ago it was reported that t…
Tankers: The Nigerian Factor Read More »
Capesize The Capesize market meandered slightly upwards this week before giving back much of its gains mid-week. Opening the week at $24,945, the Capesize market closed the week down at $24,637. The Atlantic Basin saw stronger gains initially as many s…
Dry Bulk Market: Capesize Market Slightly Higher Read More »
