Capesize The Capesize market made new highs for the year this week after strong iron ore demand to the far east continued to develop in the market. Earnings have lifted from sub operating cost levels under two weeks ago, to now having surged up to have…
Dry Bulk Market: Strong Iron Ore Demand Boosts Rates On 2020 High Read More »
IMO issued Circular Letter No.4204/Add.22 on 11 June 2020 (link), informing of the Singapore Crew Change Guidebook (see also https://www.ssa.org.sg/images/ssa/pdf/SG-Crew-Change-Guidebook.pdf). Recognizing the ongoing challenges that the industry is fa…
COVID-19: Updates and Operational Considerations On Board Ships Read More »
The offshore shipping is expected to face more headwinds, at least in the short-term, before being able to mount any sort of comeback in the future. In its latest weekly report, shipbroker Intermodal said that “in contrast to the economic projections o…
Offshore Shipping “Players” in Dire Straits Read More »
The current officer shortfall to crew the global merchant fleet is forecast to widen, despite the dampening effect of Covid-19. This is due to the reduced attractiveness of a career at sea and rising man-berth ratios which will inflate future manning c…
Officer shortage to widen and inflate manning costs Read More »
Opinions. Everyone’s got them. Usually those with the loudest voices are those who have the least idea about what they are on about. I’m sure you’ve been there around the Christmas table when one member of the family decides that not losing face in an …
You Say Potato, I Say Potarto Read More »