There was little support to be found for the Capesize market over the last week as dwindling rates and rising bunker prices slashed earnings for owners with the 5TC Weighted Average dropping to $7,390. The Pacific had little further left to drop as the…
Dry Bulk: Capesizes Face More Headwinds Read More »
The highly synchronized global supply chain system developed over the past 30 years is under strain like never before and resolving the disruption will be less a “sprint” and more of a “marathon” that runs well into 2022, according to a new report by I…
IHS Markit: Why the Great Supply Chain Disruption Will Continue in 2022 Read More »
The tanker market hasn’t witnessed the supercycle that every other shipping segment has experienced over the past 12 months and is unlikely to do so in the near future. However, there is reason for cautious optimism ahead. In its latest weekly report, …
Tanker Market Supercycle Unlikely, But There Is Reason for Optimism Read More »
Capesize The Capesize market endured a somewhat traditional post-holiday Q1 drop as the 5TC descended -7760 over the week to settle at $12,407. Trading activity was relatively quiet over the week as news from Brazil reported high rainfall affecting min…
Dry Bulk Market: Capesize Market Retreats at the Start of 2022 Read More »
The past decade has seen significant progress in shipping safety as the number of vessel casualties has declined at the same time as the size of the global fleet has grown, according to analysis from Lloyd’s List Intelligence and DNV. But it also highl…
“No room for complacency” despite advancement in shipping safety Read More »