In the weeks leading up to 2020, a lot of analysts were predicting a solid rebound in product tanker market freight rates, a scenario which, for the most part, was materialized. So, how has the market reacted in the weeks after the start of 2020? In it…
IMO 2020: What’s The Implication in the Tanker Market So Far? Read More »
Capesize Riding the downward momentum of the previous week, the market was always going to be hard pressed to make any sort of revival. With multiple drivers including Coronavirus, rail flooding in East Australia, rains in Brazil and a tropical cyclone…
Dry Bulk Market: Capesizes Still Suffering, but Some Respite Seen for Smaller Classes Read More »
With the IMO 2020 global sulphur cap now in force, members should bear in mind another significant date in relation to the ‘carriage ban’ – coming into force on 1 March 2020. The ban mandates that fuel oil used and carried on board ships must not…
One of the major coal exporters, South Africa is now having to rely more on markets like the ones in the Indian Subcontinent, especially India, in a bid to find buyers for its product. South Africa hasn’t managed to penetrate Far East Asian markets, bu…
Dry Bulk Market: Where to Next for South Africa’s Coal Exports? Read More »
For those who have been tracking the COSCO (China Ocean Shipping Co.) Iran-related shipping sanctions, on December 19th, the US extended General License K-1 until February 4, 2020. Until then, US companies who were previously (before September 24, 2019…
Developments in Maritime Sanctions Actions Signal US Enforcement Policies Read More »