Capesize The Capesize market has made the most of the short working week as rates have lifted strongly, with the 5TC now residing at $24,002 – up $6262 week on week. The positive market sentiment was largely Pacific led yet that didn’t stop the A…
Dry Bulk Market: Capesizes On Higher Ground Read More »
What does Stand.earth’s vision for zero-emissions ocean shipping look like? As a founding member of the Ship It Zero coalition calling on consumer giants Walmart, Target, Amazon, and IKEA to transition to zero-emissions cargo shipping by 2030, St…
Q&A on zero-emissions ocean shipping Read More »
Investing in the tanker market is more than numbers these days. In its latest weekly report, shipbroker Gibson said that “tanker investments these days are not a straightforward decision. A prospective buyer is faced with a combination of price pressur…
Which Tanker to Buy? A Shipowner’s Conundrum Read More »
Global shipping’s fragmentation and the public’s less intense scrutiny of its emissions, along with its heavy debt burden and low margins, mean decarbonisation is a secondary issue for the industry, Fitch Ratings says. The sector’s environmental regula…
Shipping Fragmentation, Importance Deprioritise Decarbonisation Read More »
Capesize The Capesize market had a positive week overall with the BCI and 5TC route average at 2003 points and $16,609, closing at 2,136 and $17,713. The first half of the week remained positive amid strong support from the Pacific. The C5 West Austral…
Dry Bulk Market: Capesize Market on Positive Territory Read More »