After the Iranian sanctions, another factor which could shake things up in the tanker market is the fall in Venezuela’s oil production. In its latest weekly report, shipbroker Gibson said that “to say its been tough for Venezuela in recent …
Iran and Now Venezuela Are Shaking Things Up in the Tanker Market Read More »
Demand drivers and freight rates Some 13.7 million TEU were shipped globally in September, bringing the full year total up to 125.2 million TEU. While that is an improvement of 4% for both the month (year on year) and year to date, the growth rate has …
Container Shipping: Slow growing demand is a constant challenge Read More »
Sulphur Cap Series: Part 2 – Challenges Facing Compliance and Challenges to Enforcement Part 1 explored the scope of Regulation 14.1.3 of Annex VI of the MARPOL Convention (“Regulation 14.1.3”) and provided an analysis of the contractual, penal a…
A Practical Overview of the IMO 2020 Sulphur Cap – Part 2 Read More »
After a turbulent period, the dry bulk market’s prospects seem to be back on track. Shipbrokers are reporting higher availability of finance, key to more S&P deals being concluded, in a time when freight rates seem to have stabilized again. I…
Dry Bulkers In High Demand as Market Prospects Improve Read More »
Capesize After a cut throat couple of weeks, the market finally appeared to have found a floor and rates ticked up. Those analysts that predicted a strong fourth quarter have, as yet, offered few reasons for the dramatic fall. The key trade from West A…
Dry Bulk Market: Capesizes Find The Floor and Bounce Back Read More »