Average capesize rates predicted to peak in October, before declining
IHS Markit says current rally in rates for large bulkers caused by short-term positional factors
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October 2020
Drones Deployed for Maritime Surveillance off France
Aiming to test the use of Remotely Piloted Aircraft Systems (RPAS) in enhancing the maritime awareness picture in the French Mediterranean Sea, Secrétariat Général de la Mer requested the European Maritime Safety Agency (EMSA) set up a multipurpose mar…
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Ship Recycling Activity Slows Down Because of Asian Holidays
Ship recycling activity has taken a U-turn of late, with slowdown widely noticed as a result of various National holidays in the Asian region, predominantly China. In its latest weeky report, shipbroker Clarkson Platou Hellas said that “with various Na…
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BIMCO’s Shipping Number Of the Week: 31% of US-China Phase One commitments reached after 8 months
In the first eight months of 2020, value of the trade of the commodities included in the Phase One agreement between the US and China reached 30.9% of the total commitments under the agreement. The goods are separated into the three, with manufactured …
Industry giants commit to transparent reporting of shipping emissions
The Sea Cargo Charter sets a new benchmark for responsible shipping, transparent climate reporting, and improved decision making in line with United Nations decarbonization targets. A group of the world’s largest energy, agriculture, mining, and commod…
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