Capesize The Capesize market had the wind in its sails as rates jumped in all regions. The 5TC ended the week at $32,733, a rise of 8731 week on week. While the Shanghai Covid situation continues to hamper vessel movements across all sectors, the Capes…
Dry Bulk Market: Capesize Market Jumps Across the Board Read More »
If you’ve never lived near a port or worked in one, you may be unaware of the vital role they play in our lives. Most of the products we consume daily travel through ports, making them a key link in the global production and supply chains we rely on. “…
Why ports are at the heart of sustainable development Read More »
As the cruise industry rebounds from its COVID hiatus, more than 25 cruise lines, designers, outfitters and sustainable accreditation experts are scheduled to be sharing their expertise at this year’s Cruise Conversations Live, taking place at Cruise S…
‘Cruise Conversations Live’ to Headline Cruise Ship Interior Show Read More »
Suezmax and Aframax rates in April continued to outperform those in the VLCC class, with gains of 61% and 28%, respectively. Suezmax was supported by a strong market in the Atlantic Basin, while Aframax was supported by both the East and West markets, …
Tanker Market Shows Mixed Performance During April Read More »
In a notice released on 5 May 2022, India’s Ministry of Power instructed all power plants to increase their imports of coal. Specifically, the Ministry demands that power plants designed to run on domestic coal start importing at least 10% of their req…
India’s coal import decision to reverse 10% YTD drop and add tonne miles Read More »