Daily Briefing July 13 2020
Free to read: Swift action is needed to back up summit declaration | Hong Kong introduces mandatory health tests for seafarers…
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July 2020
Singapore continues to dominate key shipping index
While Singapore has again grabbed the top spot on the Xinhua-Baltic index, Hong Kong drops down the rankings in areas…
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Tankers: Oil Production Trends Pointing Towards Middle East’s Important Role for Shipping
The tanker market is expected to remain heavily reliant on Middle East crude flows for a little while longer. In its latest weekly report, shipbroker Gibson said that “with world oil demand having collapsed in the wake of the Covid-19 pandemic, major d…
Capesizes: Market Enters Correction Mode
Capesize This week witnessed the dreaded correction in the Capesize market, with the timecharter average shedding almost 18 per cent to close the week at $27,644. But in recent context, this cannot be considered as anything other than healthy. The Paci…
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Panama Ship Registry Has Grown 0.7% During Its First Year Of New Administration
The Panama Ship Registry has grown by 4.1% during the first year of its new Administration. The Panama Maritime Authority (AMP) objective has been achieved, thanks to the renovation that has taken place, by making significant changes in its processes s…
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