Capesize Last week was less eventful than the previous week. After a negative start on Monday the market witnessed a steady rise, with the Pacific far more active than the Atlantic. Rates rose from mid $7.00s from West Australia to China to finish the …
Dry Bulk Market: Capesize Market Looking For New Momentum Read More »
Evolution not revolution. Autonomous and remote-controlled ships are being trialled but seafarers, for now, remain indispensable to safe shipping. These were key takeaways from a special session (3 December) of IMO’s Maritime Safety Committee, which is…
Visions of the future as Maritime Safety Committee celebrates 100th session Read More »
It’s been a turbulent few months in the dry bulk market and things are bound to continue this way. In a recent report, shipbroker Banchero Costa said that “in the wake of trade war uncertainties and China’s subsequent imposition of a 25 percent tariff …
Dry Bulk Market: The Trade of US Coal Shipments to China Read More »
Guidance on ship implementation planning approved by the IMO will assist ship owners in preparing for the use low sulphur fuels to comply with the 2020 sulphur limit. IBIA is pleased to have contributed to the practical advice contained in two appendic…
IBIA welcomes IMO’s 2020 preparatory advice for ships Read More »
The main parts of a laden charterparty transit are the carrying voyage and the discharge. Owners take the cost risk of the first of these and (with aggregate laytime for all cargo operations) the second is charterers’ concern. To see who pays for what,…
The cost of congestion Read More »