A carbon levy for shipping could be the answer, in order to fund the make the transition to greener shipping fuels. In its latest weekly report, shipbroker Gibson said that “heads of state haven’t even got on their respective planes to fly to Glasgow f…
The Case For A Carbon Levy on Shipping and the Many Challenges This Entails Read More »
Capesize The week ended on a negative note with continuous downward momentum in both basins. The BCI broke the barrier of 10,000 points upon opening on Monday and closed at 7767 by Friday, whilst the average of five time charter routes declined from $8…
Dry Bulk Market: Negative Sentiment Engulfs the Market Read More »
The shipping markets have been pulled further into wild markets of coal and other energy sources. Given how nebulous this sector is, it’s always difficult to point to individual stories that are impacting freight, the below is an overview of how shippi…
The Big Picture: Energy Markets Read More »
The RMI (Republic of the Marshall Islands) Registry (https://www.register-iri.com/) has been making strides in adding more modern tonnage in its ranks, with Greek ship owners leading the way, with almost double the number of vessels, compared to the se…
Marshall Islands Registry a Leader in Tanker and Gas Carrier Tonnage Read More »
Capesize The Capesize market continued its bull rally this week as we move into the tail-end quarter of the year. The Capesize 5TC managed a high of $86,953 on Thursday before closing out the week on a softer note at $83,865. Throughout the earlier par…
Dry Bulk Market: Capesize Market Rally Continues Unabated Read More »