October 2021 was, to all intents and purposes, a month without major developments. This might seem like an odd statement as the market was highly out of line with the pre-pandemic normality and supply chain disruptions were hitting the headlines of not…
FBX Index: No material market change Read More »
A massive scaling up of finance for research and development is essential to achieve zero carbon emissions by 2050, says report by International Chamber of Shipping and global engineering, environmental and strategic consultancy Ricardo. A Zero Emissio…
Vessel operating cost inflation has slowed this year as some Covid-19 related expenses unwound and high vessel earnings encouraged some owners to postpone non-essential maintenance work, but wider macroeconomic developments are raising inflationary ris…
Ship operating costs moderating but inflationary risks lurk Read More »
ECSA published today its policy paper on the EU ETS proposal. European shipowners welcome the increased climate ambition of the ‘Fit for 55’ package, recognising that the climate crisis is one of the greatest economic and environmental challenges our s…
Capesize The Capesize market was in dire straits this week as tonnage levels were heard to be building while many areas had minimal activity as the 5TC dropped -15,398 to $36,065 week on week. The Pacific Basin was under pressure earlier on in the week…
Dry Bulk Market: Capesizes In Dire Straits This Week Read More »