The cyber attack on the Colonial Pipeline has shown how serious is such a threat not only for the energy sector, but also for tanker owners, whose vessels are often carrying dangerous cargo. In its latest weekly report, shipbroker Gibson said that “Fri…
Tankers: Cyber Security Should Be Taken Seriously After Colonial Pipeline Attack Read More »
Capesize As the week progressed it became clear that the Capesize market wasn’t having a small retracement but was in for a more significant downturn as the 5TC dropped $6,972 week-on-week to settle at $34,542. While Friday’s sharp selloff in the Pacif…
Dry Bulk Market: Capesize Segment In Retreat Read More »
Alice Amundsen heads up Gard’s global People claims area. This group is responsible for handling the thousands of crew claims received each year from Gard’s membership. We caught up with her to share some of her insights which provide a snapshot of Gar…
The Covid crew crisis – Is there a light at the end of this tunnel? Read More »
Product tankers operating in Europe could receive a welcome increase in demand, as a result of the “Green” revolution underway in the continent. In its latest weekly report, shipbroker Gibson said that “there is no doubt that the green revolution is un…
The Green Revolution Could Be a Boost for Product Tankers Read More »
Capesize The Capesize market has been trading strongly at lofty levels this past week. The 5TC opened the week at $40,608, peaked at $44,817 mid-week before finally retracing to take a breather at $41,514. The market has been hiking higher since the be…
Dry Bulk: Capesize Market Going on Strongly Read More »