The vessel is now heading for Brisbane, while the Australian Maritime Safety Authority is searching the area for containers and…
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The Global Industry Alliance (GIA) to Support Low Carbon Shipping – a key International Maritime Organization (IMO) initiative supporting ship decarbonization – will intensify its work on the…
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IMO industry alliance intensifies efforts to cut ship emissions Read More »
As the benefits of the “contango” plays have started to evaporate during the past couple of weeks, tanker owners are beginning to take notice of the latest fundamentals to determine the future course of freight rates. As it turns out, things are pretty…
Uncertainty is Starting to Set in the Tanker Market Read More »
The commercial shipping industry moves about 90 percent of global trade. Over 2 million seafarers and maritime personnel keep this backbone of the global economy flexibility moving. In normal times, more than 100,000 workers move in and out of the worl…
Shipping Needs Unity Now, Collaboration Moving Forward Read More »
Capesize After a week of bounce momentum the market appears to have stalled out once again. The Capesize 5TC has more than doubled since last Friday and is now pricing at $4140 on the back of owners baulking at recent unreasonable lows. Atlantic routes…
Dry Bulk Market: Capesizes Stalled After a Strong Start to the Week Read More »