An ambitious plan to double Brazil’s crude production, could yield significant demand for seaborne crude tanker plays down the line. In its latest weekly report, shipbroker Gibson said that “since 2019 Brazil has become the top crude exporter in Latin …
Brazil’s Importance in the Crude Tanker Market Could Increase in the Coming Years Read More »
Capesize The Capesize market rocked and rolled these past few days. But by weeks end little had changed on the Capesize 5TC as it settled down -884 to $24,631. This was a positive difference of $733 to the beginning of the week. The market was not with…
Dry Bulk Market: Capesizes on a Roll Read More »
“Wallenius has been concerned with environmental issues for many years, and this has guided us to our vision for truly sustainable shipping,” says Per Tunell, the company’s Chief Operating Officer. Kicked off in 2009, the goal of Oceanbird was to make …
Oceanbird ro-ro: Embarking on a new era of wind propulsion Read More »
The death of a crew member and unconfirmed reports of explosives set the incident apart in its severity. But security…
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Update: One seafarer dead, 15 kidnapped after Mozart pirate attack Read More »
The death of a crew member and reported use of explosives set the incident apart in its severity. Analysts said…
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One seafarer dead, 15 missing after pirate attack in Gulf of Guinea Read More »