Ann Waite, a top marine claims expert, has been elected to chair the Association of Average Adjusters for the year 2024-25. Ms Waite was at the same time, at the annual general meeting of Fellows on May 8, 2024, elected an Honorary Fellow of the Associ…
Mooring operations are one of the most dangerous operational activities that ship and shore personnel must carry out on a daily basis. The International Group of P&I Clubs was notified of 858 injuries and a shocking 31 fatalities in mooring-related…
Capesize This week, the Capesize market saw a steady decline, with the BCI 5TC beginning at $25,773 and dropping daily, except for a modest rise of $962 today, ending the week at $22,180. Despite healthy cargo volumes in the Pacific, market activity wa…
Dry Bulk Market: Capesize Market Under Pressure Read More »
Under certain circumstances – in congested waters, during manoeuvring or in harsh weather – a blackout can lead to loss of life or damage to property, infrastructure and/or the environment. This news highlights some of the most common causes of blackou…
Blackouts – causes, prevention, effective recovery Read More »
This week’s chart highlights the trend in VLCC (Very Large Crude Carrier) tonne-days growth, which has been decreasing consistently since our last review in week 17, just before the end of April. At the end of the second week of May, the demand g…
VLCC AG-China tonne days Read More »