Many new ore carriers have joined the world fleet in recent years, extending a rising trend in this bulk carrier category. Fleet expansion has been especially notable in the top segment of the ore carrier size range. During 2020 and next year numerous …
Sparkling Growth In The Ore Carrier Fleet Read More »
While the Capesize segment has been massively impacted by the coronavirus, the smaller dry bulk segments are starting to recover towards profitable territory, partly on the back of seasonally higher grain exports from South America. While the Capesize …
Capesize Remains Submerged In The Depths Of Despair Read More »
Capesize Little changed for the Capesize market over this past week as fixing levels continue to provide meagre earnings for owners across all routes. Vessel demand continues to be grim and this has led many to sit idle in strategic locations, awaiting…
Dry Bulk Market: Capesizes Still Suffer from Low Rate Environment Read More »
The Open Simulation Platform Joint Industry Project (OSP), founded in 2018, addresses the challenge of testing new and advanced vessel systems before they are installed on board. The project was initiated by DNV GL, Kongsberg Maritime, the Norwegian Un…
Open Simulation Platform – the next generation of digital twins Read More »
Looking from the outside, it has not been a week for rejoicing in US oil market. Or stock markets. Or freight. Or anything really. We have come back slightly from the terrible lows of last week, but it’s still more of a grimaced smile like pretending t…
Supercalorfragilisticexpealishale Oil Read More »