As we all turned the calendar to the year 2021, many shared a sense of optimism about the prospects of a new year. The high efficacy rates and increasing distribution of multiple COVID-19 vaccines were expected to eventually help reopen economies and j…
Shifting supply chains to mitigate acute port congestion: A sustainable solution? Read More »
Investment in tanker newbuildings is surprisingly, quite robust so far in 2021, considering the sorry state of most tanker trades. In its latest weekly report, shipbroker Gibson said that “this year has seen an impressive surge in commodity prices. Ste…
Capesize The Capesize market staged a dramatic turnabout at weeks end after seeing several days of value eroded off each route in the market. Closing last week at $46,647 the market took losses down to $40,518 before surging +5021 on Friday to close th…
Dry Bulk Market: Capesizes Stage Strong Comeback Read More »
The phenomenon known as Parametric Rolling Movement (PRM) can cause a ship to roll at extreme angles of up to 30-40 degrees or more and may in extreme cases lead to capsizing of the vessel. PRM mainly affects modern container vessels and car carriers w…
Parametric Rolling Movement Read More »
The tanker market could keep receiving short-term boosts, as a result of climate change. In its latest weekly report, shipbroker Gibson said that “as hurricanes and storms become increasingly more severe due to climate change and warming sea temperatur…
Climate Change Could Help Tanker Market With Short-Term Freight Rate Boost Read More »