The ship breaking market has been trending downwards over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “this week in the ship recycling market saw consistent challenges across regi…
Downward Price Momentum in the Ship Demolition Market Read More »
This week, the US and Brazilian grain sectors are in the spotlight, particularly Brazil’s strong position in soybean production and exports to China. Almost 90% of the Panamax shipping market is concentrated on the Brazil-China trade route. The S…
Dry Bulk Grain Flows – U.S. Vs Brazilian Read More »
An increasing number of vessels have encountered unexpected port state issues related to sulphur emissions limit exceedance caused by inaccurate readings. These false measurement readings are often the result of poorly maintained exhaust gas analyzers….
How to identify false readings of exhaust monitoring equipment Read More »
Product tanker demand is expected to remain elevated, as Europe continues to import diesel from external sources, to cover demand. In its latest weekly report, shipbroker Intermodal said that “in 2024 so far, Europe’s CPP imports are robust, with diese…
EU Diesel Imports Still a Main Trade Read More »
The English High Court has issued a judgment concerning a carrier’s duty when issuing a bill of lading to check the declared weight of a container. Maersk agreed to carry a number of containers onboard the Maersk Klaipeda said to contain valuable coppe…