An in-depth survey in the maritime industry revealed shocking figures in gender-based discrimination against women, onboard harassment and bullying. WISTA International, Anglo Eastern, International Seafarers Welfare and Assistance Network (ISWAN) and …
With demand for crude oil moving downwards, global economic growth already in retreat and OPEC+ about to significantly cut production, one would expect that tanker rates would be heading lower. However, at the moment no such thing is happening. In its …
Tanker Spot Market Moving Away from Near Term Negative Fundamentals Read More »
Capesize Week-on-week the average of the weighted 5TC average declined $790, finishing the week at $17,175. The Brazil to Qingdao trade slipped two dollars throughout the week, whilst the West Australia to Qingdao trade remained static in the low/mid $…
Dry Bulk Market: Capesize Segment Loses Steam Read More »
The Drewry dry bulk equity index has been outperforming the Baltic Dry Index (BDI) since the start of the year. The constituents of the Drewry dry bulk equity index continue to benefit from their higher exposure to the time charter market where rates r…
Decoding the fall in stock prices of dry bulk companies Read More »
OPEC’s decision to move ahead with significant oil production cuts, will add pressure to the tanker market as well. However, according to shipbroker Gibson, any downward pressure will likely be a product of lower demand, rather than supply. In its late…
Tanker Market’s Course to be Determined By Demand, Not Supply says Shipbroker Read More »