The rising complexity of counterparty and banking risks, both direct and indirect, in global markets could catch shipping interests unawares, according to a specialist lawyer. Speaking at a joint Baltic Exchange and Institute of Chartered Shipbrokers’ …
Repercussions of flouting restrictions Read More »
The 6th Implementing Regulation (EU) 2022/1157 amending the Marine Equipment Directive 2014/90/EU was published in the Official Journal of the EU on 6 July 2022. The new regulation enters into force on 15 August 2022 and replaces the 5th Implementing R…
The dry bulk market could be heading for a revival moving forwards. In its latest weekly report, shipbroker Allied Shipbroking said that “one month into the 2nd half of the year, and we still see an ongoing debate as to the state of the global economy …
Dry Bulk: Freight Rate Market Could Be Heading for a Rebound in the Coming Weeks Read More »
Declining spot rates on the Far East to US West Coast and East Coast ocean freight trades have converged with historically strong long-term rates, presenting business opportunities for both carriers and shippers. According to the latest market intellig…
The Panama Ship Registry has grown in tonnage by 9.6%, adding 20.4M GT between July 2019 when the current administration took over, and July 2022 (as of today) with a total tonnage of 239.4M GT. The Panamanian fleet is composed of 8,587 vessels at July…
The Panama Ship Registry has grown 9.6% since 2019 Read More »