The dry bulk market has entered a new reality of late, with rates retreating across the board, as evidenced by the Platts Dry Bulk weighted average indexes pictured. “With China slowing down on purchases of coal and iron ore as well as other minor bulk…
Dry Bulk Market On a Steep Slowdown as Demand Ebbs Read More »
The dry bulk market’s upwwards momentum seems to be a thing of the past, as market observers brace themselves for a couple of rough months ahead. According to Mr. Thomas Chasapis, Research Analyst with Allied Shipbroking “having closed of the first mon…
Positive Momentum Evaporates from the Dry Bulk Market Read More »
Vessel operating cost inflation has slowed this year as some Covid-19 related expenses unwound and high vessel earnings encouraged some owners to postpone non-essential maintenance work, but wider macroeconomic developments are raising inflationary ris…
Ship operating costs moderating but inflationary risks lurk Read More »
ECSA published today its policy paper on the EU ETS proposal. European shipowners welcome the increased climate ambition of the ‘Fit for 55’ package, recognising that the climate crisis is one of the greatest economic and environmental challenges our s…
In its latest weekly report, shipbroker Intermodal said that “following the COVID19 pandemic we’re at last facing some solid improvement on oil market fundamentals. Since Jan 2021, crude oil prices slowly started to climb the ladder lagging the rally i…
Tankers: Oil Market Fundamentals Finally Turning For The Better Read More »