Capesize The Capesize market faced a challenging week characterised by significant fluctuations. The week began positively with a robust increase in the BCI 5TC, reaching $54,584, driven by active engagement in the Pacific. However, profit-taking in th…
Capesizes Under Pressure Last Week, After Recent Rally Read More »
In the context of COP28, the question of national, economy-wide climate action is again in the spotlight. Yet while shipping is clearly a fundamental part of national economies, most national climate plans given to the UNFCCC still do not include actio…
T&E: A global comparison of national shipping emissions and green shipping measures Read More »
India has confirmed its position as the second largest importer of coal, during 2023. In its latest weekly report, shipbroker Banchero Costa said that “global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid lev…
India’s Share of Seaborne Coal Imports Reaches 17.9% During 2023 Read More »
At the beginning of the first week of December, the outlook for crude oil freight rates, especially in the VLCC category, isn’t yet stable. In the meantime, there is a strong upturn in the MR-US Gulf in the clean segment. There are signs of an up…
Overview The shipping industry is facing an increase in new regulations from the International Maritime Organization (IMO) and the European Union (EU) and an increase in the urgency to decarbonise. To support the industry, BIMCO has developed a portfol…
BIMCO adopts portfolio of four ETS clauses Read More »