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Dry Bulk Market: Capesize Segment Loses More Ground During the Past Week as Pandemic Rages On

Capesize Any lingering doubts concerning the short-term prognosis for the capesize market were swept away this week as the timecharter average shed $2,350 to close at $12,498. A number of factors prevailed, but the erosion in sentiment largely emanated…

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Shipping industry urges Governments to take forward USD 5 billion proposal to accelerate the decarbonisation of maritime transport

As governments come together at the UN International Maritime Organization (IMO) to consider important next steps to decarbonise maritime transport, the global shipping industry urgently calls on them to take forward its proposal for an industry-financ…

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