Capesize The Capesize market softened this week as global market concern’s kept the headwinds coming. The softening of values was felt across all Capesize 5TC routes as the index lowered throughout the week by -4609 to $19,665. Friday saw a slight upti…
Dry Bulk Market: Capesizes Soften This Week Read More »
MEPC 78 was the first of three meetings to work on, among other things, the production of a final draft Revised IMO GHG Strategy. The meeting was not planned as a key decision-making point for agreement/adoption of any of the items under IMO’s Reductio…
Momentum builds for IMO’s future: Stronger ambition and an equitable transition Read More »
Following the conclusion of this week’s meeting of the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC 78), the International Chamber of Shipping (ICS), representing 80% of the world’s merchant fleet, has relea…
More than 40 marine fuel suppliers from around the world have gathered at this year’s Posidonia during a critical juncture for the US$300billion bunkering market, due to the double whammy of the geopolitical crisis and the uncertainty surrounding the r…
For the first time this year in May, the average container prices globally have soared month on month at an average of 5.4% (from $2207 to $2330) for the 20 ft DC and by 15% (from $3800 to $4410) for 40 ft HC. However, the average container prices and …
Global average monthly container prices increase for the first time in 2022 Read More »