Dry bulk carriers are the workhorses of the sea, comprising over 20% of the global merchant fleet. Often considered to be simpler vessels in terms of technology, they now have to meet the same tightening efficiency and environmental standards as all ot…
Bulk sector to benefit from adoption of new technologies Read More »
Forward interest has started to build in line with the launch of cleared futures on 28 February 2022, with a market building largely on the longer-dated periods beyond the end of 2022. 2023 has attracted most of the interest across Asia to Europe and A…
FBX Index February: Looking forward Read More »
The tanker market is still lingering close to multi-year lows at the beginning of 2022. According to the latest monthly report from OPEC, coming off a year that saw multi-decade lows, dirty tanker spot freight rates started 2022 close to the bottom end…
Tanker Market Fails To Take Off During January Read More »
Less than two years ago countries across the world were closing their borders and locking down cities to stop the spread of Covid-19. Very few analysts could foresee crude oil going from below $20/bbl back then to almost touching the $100/bbl mark curr…
High LNG prices boost conventional bunker demand, scrubbers stand to benefit Read More »
In a recent charterparty dispute in case DHL Project & Chartering Ltd v. Gemini Ocean Shipping Co Ltd (Newcastle Express) [2022] EWHC 181 (Comm), the Commercial Court set aside an arbitration award on the basis that the Tribunal had no jurisdiction…
Re-examining the applicability of subjects Read More »