Capesize The market took on a mild downward slide during this week with the 5TC opening at $14,224 to close out at $11,934. The Pacific basin on its own showed a little more stability, remaining largely flat on the transpacific C10 and ending the week …
Dry Bulk Market: Capesizes Experience Mild Downward Slide This Week Read More »
It was a clear February night off the port of Jebel Ali, UAE in 2015. The conditions were benign, and visibility was good. EVER SMART, a large container ship owned by Evergreen and insured by Gard, was proceeding up a narrow channel which connects the …
Evergreen wins landmark collision case in UK’s Supreme Court Read More »
2020 was more than a challenging year for the shipping industry. Theofilos Xenakoudis, Director, Worldwide Business Operations for the RMI Registry and Managing Director of the Piraeus office, says that the Registry managed to receive its best ever ran…
LPG shipping rates have seen what can only be called a dramatic start to the year. The steep gains, followed by the freefall have dwarfed the volatility seen in 2020. As we move deeper into 1Q21, and China comes back into the picture after a long holid…
LPG shipping rates: the rise… and the fall Read More »
Capesize As one of the more wild weeks in the first quarter for the Capesize comes to an end, the market feels more like it’s in reprieve mood contemplating what comes next. From last Friday at $10,304, the Capesize 5TC reached a high on Wednesday of $…
Dry Bulk Market: Capesizes Move Forward as Strong Demand Emerges Read More »