Cargo movements into and out of the United States could be re-shaped by proposals to levy fees on port calls by Chinese built or operated vessels, as well as potential sanctions based on whether the operator controls ships built in China or has tonnage…
Will port fee proposals reshape US dry bulk imports and export trades? Read More »
The floating oil storage sector has undergone marked fluctuations since 2020, attributable to global economic circumstances, geopolitical tensions, and evolving market forces. Principal determinants affecting storage utilization encompass the COVID-19 …
Floating Oil Storage Trends Read More »
Capesize The Capesize Timecharter Average (C5TC) experienced a decline of $1,507 week-on-week, settling at $22,190 on Friday. In the North Atlantic, a few INL breaching fronthaul cargoes with mid-April loading were fixed, reflecting $42,313 on the C9 r…
Dry Bulk Market: Capesize Sector Corrected Last Week Read More »
Maritime energy transition The IMO’s April meeting of its Marine Environment Protection Committee (MEPC) is intended to continue the review of existing short-term measures, decide on mid-term measures, and prepare strategies to manage some of the turbu…
MEPC 83 – crunch time on various fronts but consensus on a probable outcome Read More »
Shipping is at a critical juncture as it grapples with the complexities of the newest regional emissions legislation from the EU – FuelEU Maritime – all the while keeping a weather eye on discussions of impending global regulations from the Internation…
Idealism versus reality on emissions regulations Read More »