Capesize The Capesize market failed to push through to higher values this week as lower activity in the Pacific hampered efforts. The Capesize 5TC closed the week at $16,214. The Atlantic basin has been looking well supported with fixture values contin…
Dry Bulk Market: Capesizes Improved This Week Read More »
MARPOL permits unprocessed food waste to be discharged into the sea from vessels proceeding at a distance not less than 12 nautical miles from the nearest land. Sounds straightforward? Unfortunately, it is not – all coastal states do not define t…
MARPOL compliance and distances ‘from the nearest land’ Read More »
The increasing needs of crude oil imports into the EU, sourced from different markets to the Russian one, is bringing producers like Guyana to the foray. This development is already proving to offer a boost in specific tanker classes, like Suezmaxes an…
Suezmax and VLCC Tonnage to Benefit from EU Imports of Guyanese Crude Read More »
Capesize The market continued to lurch its way upward as rates strengthened in flurries with numerous drawdowns along the way. The 5TC closed the week at $18,293 with strong positive sentiment remaining. The Atlantic had several fixtures out of Eastern…
Dry Bulk Market: Capesizes Keep Rebounding Read More »
The world again needs the shipping industry to brave the rough seas of crises, UNCTAD Secretary-General Rebeca Grynspan said on 22 September as she addressed the Global Maritime Forum’s annual summit. Speaking at a New York navy yard dubbed the “can-do…
World needs maritime trade to brave rough seas of crises, UNCTAD chief says Read More »