Capesize The Capesize sector spent the week trundling along the market floor as the last few day’s brief revival of rates was quickly wiped out, returning the 5TC back to $5-6k OPEX levels. On a more positive note, the Atlantic basin has begun to see a…
Dry Bulk Market: Capesize Sector Flat on Mixed Performance Read More »
Managing marine risks is not an easy task, which requires special knowledge and expertise on the subject per se. Customarily, big ship management companies, operating a large number of vessels, employ a small army of marine professionals, manning diffe…
A stronger tanker market over the course of the past few weeks, has helped increase prices for tankers as well. In its latest weekly report, shipbroker Gibson said that “amidst widespread price increases, it is not surprising that tanker asset values h…
Tanker Values on the Rise Read More »
Capesize The Capesize market continues to struggle as demand for iron ore remains weak. Vessels in the Atlantic have had difficulties finding cargo, while those available have been fought over with prices diving as a result. The Transatlantic C8 bottom…
Dry Bulk Market: Capesizes Continue to Struggle Read More »
Ammonia might seem like an unlikely fuel to help cut greenhouse-gas emissions. Best known for its odor, the gas can be dangerous and toxic. But it could also play a key role in decarbonizing global shipping, providing an efficient way to store the ener…
How ammonia could help clean up global shipping Read More »