Following four years of growth, Macquarie Group’s Shipping Finance business’ loan book has recently passed $US1 billion. The business, which specialises in providing finance to small and medium sized shipowners, has now financed over 190 vessels global…
Capesize The week ended on a negative note with continuous downward momentum in both basins. The BCI broke the barrier of 10,000 points upon opening on Monday and closed at 7767 by Friday, whilst the average of five time charter routes declined from $8…
Dry Bulk Market: Negative Sentiment Engulfs the Market Read More »
The shipping markets have been pulled further into wild markets of coal and other energy sources. Given how nebulous this sector is, it’s always difficult to point to individual stories that are impacting freight, the below is an overview of how shippi…
The Big Picture: Energy Markets Read More »
Imported consumer goods should arrive in the country at least six weeks earlier than normal to make it onto shelves in time for Black Friday, according to JOC by IHS Markit. Due to the continuing delays at US ports consumer goods from Asia will need to…
Risk is the “big handbrake” on the adoption of new technology in shipping, according to Watson Farley & Williams’ partner Mike Phillips. Speaking at a WFW seminar, Phillips said that shipowners, operators and traders exist in a world of risk and th…
Risk is shipping’s innovation handbrake Read More »