Capesize As the week progressed it became clear that the Capesize market wasn’t having a small retracement but was in for a more significant downturn as the 5TC dropped $6,972 week-on-week to settle at $34,542. While Friday’s sharp selloff in the Pacif…
Dry Bulk Market: Capesize Segment In Retreat Read More »
Alice Amundsen heads up Gard’s global People claims area. This group is responsible for handling the thousands of crew claims received each year from Gard’s membership. We caught up with her to share some of her insights which provide a snapshot of Gar…
The Covid crew crisis – Is there a light at the end of this tunnel? Read More »
MOL Chemical Tankers has equipped its vessels with spectrophotometers that allow seafarers to monitor all tank cleaning operations as they…
Alternative tank inspection process saves lives and serves the sea Read More »
The tanker market in April was still in backwards mode. In its latest monthly report, OPEC said that dirty tanker rates declined in April, as the improvement seen in March in the Suezmax and Aframax classes proved temporary and VLCCs rates moved sidewa…
Tanker Markets Still Looking for Sustainable Recovery Read More »
The dry bulk index keeps its increasing trend driven by buoyant sentiment in dry bulk capesize freight rates. The capesize freight market has been trading strongly since the beginning of April to reach levels not seen in the past decade. The capesize 5…