Capesize A mixed week for the big ships with unfulfilled expectations. Rates on the West Australia/China route failed to hold and dropped to $7.20 for 7-9 October, with timecharter rates shy of the mid $15,000s, and this despite all the miners in the m…
Dry Bulk Market: Capesize Market Had a Mixed Week Read More »
Dry bulk freight rates could be even higher than they now, as a result of increasing trade tensions and political instability around the world. In a recent weekly note, shipbroker Intermodal said that “a recovery in the shipping market since last year …
Macroeconomic and Political Tensions Preventing Shipping’s Further Rebound Read More »
With the majority of ship operators expected to choose low-sulphur fuel over scrubbers to comply with the new IMO sulphur cap regulation, all eyes are on fuel suppliers and whether they can provide what the industry needs. According to Niels Henrik Lin…
Shipowners urgently need a fuel-management plan Read More »
In a survey conducted by Reed Smith in the first half of 2018, industry participants predicted that big data analytics will be one of the most significant drivers of change in the shipping industry over the next five years. In addition, for the same fi…
Big data analytics and autonomous vessels – when will legislation catch up? Read More »
The dry bulk market is heading for a revival as a result of the balance achieved in the global orderbook, both as a result of a rebound in demand, but also because of a lack of available financing, says Allied Shipbroking. In its latest weekly report, …
Lack of available shipping finance has contributed to dry bulk market’s revival Read More »