The dry bulk market continues to enjoy the fair summer weather, despite some softening of vessel benchmarks from late July peaks. As of mid-August, gearless Baltic benchmarks have retreated, while geared segments remain supported at elevated levels, a …
Enjoy the dry bulk market’s Indian summer while it lasts, says MSI Read More »
Shipping companies focused on fuel efficiency and emissions reduction may be overlooking a hidden source of cost when operating in rough seas that ClassNK researchers say can quietly erode performance, waste fuel, and damage engine components. A new te…
ClassNK closes the ‘speed gap’ fuel cost of heavy weather Read More »
Around 13,000 vessels reported their 2024 data on the EU MRV platform in compliance with the MRV guidelines. The CO2 emitted by these vessels in 2024 must be paid for by surrendering 40% EU Allowances (EUAs) for each tonne of CO2. The first due date fo…
First EU ETS shipping payment due 30 September Read More »
In today’s uncertain and turbulent geopolitical and economic environment, Robert Blades, Global Commercial Sales Manager, Peters & May, highlights the increased level of technical research, preparation, loading expertise and industry insight requir…
The Heavy-Lift Work Behind Seamless Out-of-Gauge Cargo Transport Read More »
Capesize The Capesize market endured a notably weaker week overall, with the BCI 5TC shedding more than $4,000 before closing at $23,160, aided by a $742 uptick today. The Pacific struggled from the outset, with the lack of consistent miner presence we…
Dry Bulk Market: Capesizes Fall to 1-month Low Read More »