A consortium of 26 leading companies and associations, led by DNV, has launched the “Handbook for Hydrogen-fuelled Vessels” to address the uncertainties surrounding hydrogen as ship fuel. The MarHySafe joint development project (JDP) aims to crea…
Demurrage and detention charges imposed on shippers by containers lines have soared at unprecedented rates globally over the last year, according to the Demurrage & Detention Benchmark 2021 report published today by Container xChange, the world’s l…
Demurrage & Detention Charges More Than Double In A Year Read More »
Steadily increasing support for the Gulf of Guinea Declaration on Suppression of Piracy, combined with Nigeria announcing significant investment to address the ongoing piracy issue in the Gulf of Guinea, raises hope that efforts are on the right track …
Industry’s support for piracy declaration rises to nearly 350 signatures Read More »
Revamped demand for commodities from grains to coal powered a surprisingly strong recovery in the dry bulk shipping market for the first six months of 2021. Both freight levels and earnings reached multi-year highs. Supramaxes have now taken the lead a…
Dry bulk supramax freight market surprises for the first half 2021 Read More »
Capesize It has been a decidedly mixed week on the large bulkers, with limited activity in the Pacific for the majority of the week. It did show signs of life on Friday with a strong cargo count in the North Atlantic. But sentiment seemed to weaken as …
Dry Bulk Market: Capesize Market Sentiment Weakens Read More »