Buyer interest has hampered the scrapping of older tonnage so far this year, despite all other factors being supportive of more demolition sales. In its latest weekly report, shipbroker Gibson said that “despite almost every driver being supportive, sc…
Tanker Scrapping Underwhelming So Far in 2021 Read More »
Data is the new gold for shipping companies. Companies are increasingly reliant on data and technologies that support data management and analysis to improve business decision making, business performance and success. However, there are challenges, esp…
Why data is the new gold for shipping companies Read More »
Capesize It was a dismal week throughout for Capesize earning as all routes softened in what was a largely disrupted week due to numerous public holidays around the globe. The Transpacific C10 opened the week at $40,246 and any upward momentum quickly …
Dry Bulk Market: Capesizes Suffer, as Market Softens Read More »
In its latest weekly report, shipbroker Gibson said that “in September last year the European Parliament voted for the inclusion of greenhouse gas (GHG) emissions from ships over 5,000 gross tonnes in the emissions trading system (EU ETS) by 1 January …
Shipping’s Carbon Emissions: Lack of Clarity a Major Headache for Shipowners Read More »
Capesize The Capesize market managed to turn its fortunes around this week stemming the slide from the previous week. Opening the week at $34,542 the 5TC weakened until midweek before posting a solid 959 gain to settle at $32,593. This revival is large…
Dry Bulk Market: Capesizes Inch Forward After Rough Patch Read More »