Capesize The Capesize market did get off to a positive start this week as rates were building strongly off improved sentiment. But as events in Europe took hold, the market abruptly changed course. The Capesize 5TC reached a high of $18,181 Wednesday b…
Dry Bulk Market: Capesizes Suffer from Ukraine Development Read More »
Despite the long road that lies ahead, after years of lobbying efforts there is finally a shift in the collective mindset of the shipping industry to put more emphasis on its carbon footprint. This report highlights key regulations, actions and initiat…
Shipping’s Green Future: Decarbonisation Digest Read More »
The Aframax Mediterranean market stands to benefit from a potential recovery of Libya’s oil production, however difficult this may sound at present. In its latest weekly report, shipbroker Gibson said that “in recent years, despite holding the largest …
Libyan Oil Market Could Offer Support to the Aframax Mediterranean Market Read More »
Capesize The Capesize market struggled to hold its value this week as rates ebbed away across all routes. Closing Friday some reprieve was found as the Capesize 5TC closed on a positive up note +1888 to settle at $13,888. The Pacific region which exper…
Dry Bulk Market: Strong Finish to a Lackluster Week Read More »
Ship fuels manufactured using renewable electricity, and made purely from water and the gases found in the atmosphere, are being proposed as the solution to decarbonizing marine shipping. Net-zero by 2050 Countries around the world, including Canada, a…
Decarbonizing marine shipping: clean fuels for a greener future? Read More »