Capesize In the Pacific, the week began with promising involvements from all three majors, yet this enthusiasm did not translate into substantial market gains, yielding a relatively stagnant atmosphere. As the week unfolded, Pacific trading maintained …
Dry Bulk Market: Mixed Performance for the Capesize and Panamax Markets Read More »
90% of world trade – from bulk raw commodities to breakbulk and finished goods – is moved on approximately 60,000 trading ships, crewed by about 1.5 million seafarers. To most traders, the potential risks associated with any one of these vessels is an …
From starboard surprises to portside perils: Inherent risks in the shipping industry Read More »
The tanker market has benefited from the fact that the EU is now established as the single largest importer of crude oil by sea. In its latest weekly report, shipbroker Banchero Costa said that “2023 so far has been another positive period for crude oi…
EU is Now the Largest Seaborne Importer of Crude Oil Read More »
The Swedish Club highlights an often-overlooked challenge faced by shipowners when it comes to cargo damage – shortage claims. The Club’s new publication, Bulker Focus: Carriage of Grains and Soya Beans, examines the complexities of transporting …
Hidden challenge for bulk carriers Read More »
Navigating a ship has always involved risks, but it is near the shore and in ports where the danger is greatest. A new analysis based on Gard claims data reveals where vessels are most likely to be involved in groundings or collisions. Human error is u…
Hot spots for accidents – the risks and locations to be aware of Read More »