Capesize A mild week for the Capesize sector saw rates trundling sideways with small pockets of encouragement. However, there was nothing to initiate a push out of the recent trading range as the 5TC softened 130 week-on-week to settle at $19,745. A br…
Dry Bulk Market: Softness Across the Board Read More »
Tightness in products still trumps talks of recession Last month we wrote about the fears of recession versus the tightness in product markets and that tightness in products was definitely ‘winning’. Another month on and it’s oil products that are agai…
Why are VLSFO prices so high, especially in Singapore? Read More »
Techcross, a manufacturer of ballast water management system, announced on July 1, 2022, that it would move its Japanese office located in Fukuyama to Osaka.The Techcross ballast water management system has already been installed on more than 1…
Techcross moves Japan Office from Fukuyama to Osaka Read More »
An Iranian-flagged tanker seized by Greece in April, part of whose cargo was confiscated by the United States, was being towed to the port of Piraeus on Saturday, Greek coast guard officials said, after Greek authorities approved its release.For…
Seized Iranian-flagged tanker taken to Piraeus port Read More »
In a clear sign of the turbulent times we’re experiencing, coal imports have began making their way into Europe with more cargoes entering the EU market. It’s a response to the scramble to offset the losses of Russian gas. In its latest weekly report, …
Dry Bulk Market: Coal Imports Making Their Way Into Europe Read More »