Capesize There was a turning of the tide this week as rates initially rallied robustly before negative sentiment settled in to see rates plummet from midweek. The Pacific basin, and in particular the WC Australia/China (C5) market, was the early driver…
Dry Bulk: Capesize Market Ends the Week in Negative Territory Read More »
Formal agreement over compensation has now been reached, leaving the ship free to sail after checks are completed
Suez Canal Authority opens the door for Ever Given release Read More »
Israel believes Iran behind incident involving former Zodiac Maritime vessel
Attack suspected after boxship CSAV Tyndall suffers fire in Indian Ocean Read More »
Greece has linked the island of Crete to the power grid of the Peloponnese peninsula via an undersea cable, a major step in the country’s drive to cut its reliance on imported fossil fuel and boost renewables, the country’s power grid operator IPTO sai…
Greek Subsea Cable links Crete to the Peloponnese Read More »
Far from the traditionally expected slowdown during the monsoon / summer months, sub-continent recycling markets fired on at pace once again this week, and a slowdown in the supply of tonnage of late is likely contributing to some overly aggressive off…
Ship Recycling Prices March Higher, Doubling in a Year Read More »