Iron ore demand from Japan have been steadily falling over the past few years, even before the pandemic and so far, 2023, is proving to be no exception. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been so far a positive y…
Dry Bulk Market: Japan’s Iron Ore Demand Keeps Retreating Read More »
Cargo liquefaction still remains the greatest contributor to loss of life associated with bulk carrier losses while grounding remains the main cause of ship losses, according to the recently published Bulk Carrier Casualty Report 2013-2022 from INTERCA…
The International Monetary Fund’s (IMF) latest World Economic Outlook (WEO) update in July paints a picture of near-term resilience amid persistent challenges for the global economy. Global growth is projected to decelerate from 3.5 percent in 20…
Economic Resilience Tempered By Persistent Challenges Read More »
Average spot rates jumped $2,500 in one day on Wednesday after slow start to the week
Capesize bulker market reaches four-week high as Atlantic activity heats up Read More »
An international shipping company will install revolutionary solar cells on its vessels to manage and store renewable energy following successful trials in Equatorial waters.Carisbrooke Shipping Ltd, which operates a fleet of multi-purpose vessels from…
Grafmarine Solar Energy Cells Tested on Carisbrooke Vessel Read More »