Capesize Having hit a high of $32,963 early last week, the Capesize 5TC now stands at $25,749. This is over 20% of its value lost in 10 days. Currently the market is at a bit of a standoff, with a wide bid/offer spread. For the West Australia to China,…
Dry Bulk Market: Capesizes on Correction Mode Read More »
As vessels and equipment on board become increasingly smarter, seafarers are required to learn additional skills for the ongoing operation and maintenance of this technology. The installation of additional and new technology on board should always be d…
Investigating the effects of bridge alarms Read More »
Ship owners around the world are snapping up bulkers, in an attempt to take advantage of the booming dry bulk market. In its latest weekly analysis, shipbroker Intermodal said that “it was a fairly busy week in the dry S&P market. Despite the ease …
Ship Owners Snapping up Bulkers Read More »
Sustained GDP growth could give world trade a lift this year, yet it remains to be seen whether this boost will endure, warns the World Trade Organization (WTO). According to the body, mid-last year, economic growth slowed more than anticipated, causin…
WTO: ambiguous fortunes for trade Read More »
The tender of a valid notice of readiness and the subsequent commencement of laytime has been a fertile area of debate in the English courts and given the financial consequences, will no doubt continue to be litigated. If a notice is required but none …
Notice of readiness and the commencement of laytime Read More »