Capesize A mixed week for the Capesize sector, but it ended on a positive note. The timecharter average of the five routes rose above the $20,000 level and closed at $22,362 on Friday. Activity was largely seen from the Pacific, including coal from Ind…
Dry Bulk Market: Capesizes End Week on a Positive Note Read More »
When a vessel changes ownership and/or manager, it can take some considerable time before the new crew and management are fully familiar with the vessel. Familiarisation starts as soon as ship’s staff get onboard and must be completed before sailing. T…
Crew Familiarisation is critical when taking over a vessel Read More »
The global seaborne coal market has grown yet again, over the course of the first half of 2022, following the significant rise of 2021. In its latest weekly report, shipbroker Banchero Costa said that “following a disastrous 2020, with the world hit by…
Seaborne Coal Market Growing Read More »
Speaking at a recent joint Baltic Exchange and Institute of Chartered Shipbrokers webinar, Martin Crawford-Brunt, CEO of Lookout Maritime and decarbonisation lead at the Baltic Exchange, took the opportunity to share details of a Baltic project that ai…
Carbon calculations set benchmark Read More »
The latest data from Xeneta shows a huge jump in the cost of long-term ocean freight rates into Australasia, with all main routes more than twice as expensive as this time last year. Meanwhile, increases since July 2019 threaten to “rewrite industry re…