Capesize It has been a relatively quiet week, with a mild degree of adjustments from both basins. The average of the 5 Capesize timecharter routes eventually broke the $4,000 threshold on the last day of the week, pricing at $4,033, which is about a 15…
Dry Bulk Market: Capesizes Stage a 15% Rebound Read More »
Labour contracts for US West Coast ports are signed for multi-year periods, with the current contract being a 3-year extension of the previous one that ended in June 2022. The original contract had a clause that prevented strikes, however the extension…
What Can Be the Impact on Shipping From Fallout in the US West Coast Labour Talks? Read More »
Removal operations for a tug partially submerged at the National Guard Dock in Gastineau Channel, near Juneau, Alaska, are scheduled, weather pending, to be conducted this week and into the weekend, the U.S. Coast Guard said.Melino’s Marine Services…
Salvors to Remove Partially Sunk Tug in Alaska Read More »
India has been increasingly looking to Russia, to cover its energy and raw materials needs, with coal being no exception. In its latest weekly report, shipbroker Banchero Costa said that “after a slow start in the first quarter, global coal trade has r…
India’s Coal Imports From Russia Pick up Pace Read More »
January was the busiest month for Container demolition sales since July 2020. All sales reported were on the smaller scale, with four Feedermax vessels committed and nine Handy Containerships setting sail for their final voyage to be recycled in India….
VesselsValue: Container demolition Read More »