A new and promising fuel sector, the so called synthetic fuels, could provide an additional support to the tanker market by the end of the decade. In its latest weekly report, shipbroker Gibson said that “if you own a Porsche or you like Formula 1, the…
Could Synthetic Fuels Create a New Market for Tankers? Read More »
Capesize The Capesize market found little to support levels this week as a steady slide in rates saw the 5TC drop $4,681 over the week to settle at $20,933. The market was at a similar level only back in late March / early April where the 5TC found som…
Dry Bulk Market: Capesizes Find New Levels of Support Read More »
In spite of errors and weaknesses the AIS in combination with low orbit satellites and affordable connectivity with low latency, will create a land of opportunity for the marine traffic and commercial shipping. The race has already started, so therefor…
AIS and the Main Categories of AIS Challenges Read More »
The below e-mail recently received by the author paints the picture we are seeing a thousand fold in the current ocean shipping marketplace in the inbound/outbound Asia trade lanes which underscores the serious disconnect currently between ocean…
Seemingly overnight, a new structure appeared on San Francisco’s waterfront. Situated at Pier 22½ just behind historic Firehouse 35 and nestled beside the Bay Bridge, this floating building is San Francisco’s new Fire Station 35. The facility…
World’s First Floating Fire Boat Station Comes to San Francisco Read More »