Ship owners have to contemplate their future plans after an inconclusive meeting last week at the IMO. While some issues were addressed, no major breakthrough took place in the fuels arena. In its latest weekly report, shipbroker Gibson said that “this…
Clarity is Still Lacking For Ship Owners After IMO Meeting Read More »
Capesize ‘Resistant’ would be one adjective to describe the Capesize market this week, as there was an increasing perception that it had discovered a floor, in several areas – specifically in Asia – where the pivotal C5 West Australia round gaine…
Dry Bulk Market: Capesize Market Finds Resistance Read More »
Over the past few years, the Internet of Things (IoT) has emerged as one of the most important technologies of the 21st century. Now that we can connect everyday objects – kitchen appliances, cars, thermostats, baby monitors – to the intern…
How the IIoT is about to destroy the Noon Report as we know it Read More »
The tanker market is bound for a revival, but just how soon this will come is anyone’s guess. In its latest weekly report, shipbroker Gibson said that “the announcement that a Covid-19 vaccine developed by Pfizer/BioNTech is over 90% effective in trial…
Tanker Owners Could be in For More Pain Read More »
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…