To claim that the oil and tanker markets had a week to remember, would be an understatement. So, where to from here? In its latest weekly report, shipbroker Gibson said that “with the collapse of the OPEC talks last week, the spiraling down of the crud…
Tankers: So Where to Next? Read More »
Capesize The Capesize market came to work on Monday, with little expectation, or confidence, that the days ahead were going to bring anything other than fallout from Coronavirus. While this was a relatively simple assessment to make, it was without com…
Capesizes: Iron Ore Flows To China, Bunkers Down Read More »
The Asia-Oceania container trade continues to deal with challenges from the COVID-19 coronavirus, although blanked sailings on the trade are starting to dwindle back down. It appears China has reached its peak with new COVID-19 cases, while cases in Au…
Asia-Oceania container trade sees blanked sailings begin to dwindle Read More »
To install or not to install? Following the IMO 2020 global low sulphur cap for marine fuel effective since 1 January 2020, many shipowners are still evaluating their positioning on whether to install scrubbers or not. Some shipping companies have alre…
Top 4 accounting considerations after the implementation of IMO 2020 Read More »
Demand for both secondhand and newbuilding tankers has increased over the course of the past week, in what could perhaps be a sign of things to come. In its latest weekly report, shipbroker Banchero Costa noted that in the S&P market, “considering …
Tanker Tonnage in Demand Read More »