Polaris VLOC stranded off northeast Brazil
Polaris Shipping says the latest incident shouldn’t be linked with an earlier sinking of another VLOC owned by the company…
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February 2020
Demolition Market Hits a Roadblock as Activity is Subdued
The demolition market for ships has remained sub-par over the course of the past few weeks. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “having benefitted from an enthusiastic and active market over the last couple months, …
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Dry Bulk Shipping: Seasonality, Higher Fuel Costs, And Coronavirus Disruption Behind Poor Start To New Decade For Dry Bulk Earnings
The start of the new year has, as is often the case for dry bulk shipping, been marked by falling freight rates. The seasonal slump, typical in January after a strong Q4, has been exacerbated by the additional cost of fuel resulting from the IMO 2020 s…
Coronavirus effects on the Clean Tanker Market
London IP week 2020 is in full swing. Coronavirus and its effects on global GDP, trade, demand and the oil price are unsurprisingly a major talking point. So what does real-time seaborne trade flow data show? The data covers the laden movements of clea…
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Golar LNG says low gas prices will boost Brazil projects
The company said it “remains focused on fleet utilisation and longer-term relationships with charterers”
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