Carriers were asked what measures they had taken to “curb the excessively fast markups on China-US routes”, and to pass…
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Carriers summoned by Chinese government to curb transpacific markups Read More »
The rebound of the tanker market is mostly dependent on the release of a vaccine to combat COVID-19, as this will prove to be the determining factor towards unlocking the global economy and with it, oil demand. In its latest weekly report, shipbroker G…
Tankers: A Vaccine Would Boost Oil Demand Read More »
Capesize It was a tough week for Capesize owners as the market was seen to ebb away on underwhelming activity levels. It’s uncharacteristic for this time of the year, although 2020 is anything but normal. The week’s movement saw Brazil C3 l…
Dry Bulk Market: Capesizes Faced a Tough Week Read More »
A recent Judgement in the English Commercial Court has brought clarity to whether a Shipowner, faced with a cargo damage claim, following delay by the Charterer to discharge the vessel within laytime, can recover those losses from the Charterer. The ca…
Claiming damages in addition to demurrage following delay Read More »
`We know how much it would mean to the families of those on the ship to understand more about what…
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Gulf Livestock 1: New Zealand in talks to recover black box Read More »