It was never going to be easy recovering from the largest economic shock the world has ever encountered. After record drop in consumer spending, GDP, travel and so many other indicators, it is hard to quite fathom the scale of the disruption, or the mo…
Crash, Bang, Recovery Read More »
The rise of the dry bulk market has led to a significant increase of bulkers’ S&P deals, but mainly for the larger classes (i.e. Capesizes and Panamaxes), as the Handy segment attracted a much reduced demand. In its latest weekly report, shipbroker…
Large Dry Bulk Carriers in Demand Read More »
The COVID-19 pandemic affects the industry’s endeavours to implement the upcoming European Union’s Ship Recycling Regulations (EUSRR) and many shipowners may not be able to finalize the required Inventory of hazardous materials (IHM) prior to the deadl…
COVID-19 Causes Problems For Implementing EU Legislation Read More »
Cobalt, lithium, manganese and graphite: not dry bulk cargoes known for their movement in large volumes today, but their future looks very promising, according to a report from UNCTAD. As demand for batteries for electric cars takes off, driven by clim…
Battery boost drives commodity demand Read More »
Ship owners have intensified their interest towards second hand dry bulk carriers, most notably Capesizes, as a result of the recent market rally. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, a very strong…
Capesize Bulkers In High Demand Read More »