Capesize A punchy week for the big ships that saw Atlantic rates soar, with the tonnage list tight prompting charterers to split cargoes, though, mostly unsuccessfully. Fronthaul rates climbed to the equivalent of over $40,000 daily, with a cargo alleg…
Dry Bulk Market: Capesizes Enjoy Week of Significant Gains Read More »
Ship implementation planning for the 2020 sulphur cap is on the agenda at a week-long meeting set to take place at the International Maritime Organization in July. The intersessional working group (ISWG) will work on guidelines to ensure consistent imp…
IBIA offers practical advice on tank cleaning to IMO 2020 planning meeting Read More »
Where there’s crisis, there’s also opportunity. As such, prices for tankers are starting to face further downward pressure, which could prove to be beneficial to cash-rich investors. In its latest weekly report, shipbroker Intermodal said that “the tan…
Tanker Market: Ships’ Prices Start to Follow Freight Market Rates to Lower Ground Read More »
“Transhipment and Feedering” is all about an invisible trade. About containers that do not exist in statistics on the worldwide carriage of full containers. Why not? It is “commercial” full containers that are being counted to assess the world full con…
NORDEN expects the product tanker market to significantly improve in the coming years. Therefore, the expansion of the tanker business continues. The first quarter saw a further increase of 1,965 ship days on charter capacity as NORDEN increasingly foc…