VLSFO prices in Singapore are down even further to around $750/mt and also back in line with prices elsewhere, such as in Rotterdam. But when you look for a steer on the price outlook, the picture becomes pretty murky. This is one of those occasions wh…
It is worth looking beyond the bunker market for price direction Read More »
Capesize The Capesize market is going through a rough period as trading pushed valuations into untenable sub-operating expense territory over the week. The Capesize 5TC dropped -$2,854 week on week to finish at $3,413. With rates so low and the outlook…
Bulk report – Week 34 Read More »
Russian-Ukranian conflict managed to shift the crude tanker trade patterns, however Chinese purchasing activity is and will remain a barometer for tanker recovery. Six months have passed since the invasion of Russia in Ukraine, which caught most of the…
Crude Tankers: Russian Invasion sets the tone but China’s behaviour has the last say Read More »
We all acknowledge the environmental impact of Underwater Radiated Noise (URN) from ships, and the challenges it poses for shipping companies and shoreside organizations. While noise is produced by drive systems and other mechanical components, noise s…
Underwater Radiated Noise – What’s Missing for Design Read More »
OECD rules designed to implement a global minimum corporate tax rate for very large multinational groups have now been published and are expected to come into force around the world in 2023. Shipping income was expected to be outside of the rules. The …
Shipping: Global Tax Reform Read More »