With less than a month to go for the impending IMO 2020 global sulphur cap, the club has started witnessing dispute cases relating to the measurement of sulphur content in the fuel. Under MARPOL Annex VI, it is a statutory requirement that a bunker del…
Preparations intensify as IMO 2020 global sulphur cap looms Read More »
Capesize This week the Capesize market maintained healthy earnings, as an end of year surge took the Capesize 5TC back up to $25,202 by mid-week. This lift was predominately led in the Pacific, with strong trading activity from major iron ore charterer…
Dry Bulk Market: Capesizes on Healthy Ground Read More »
At the time when the product tanker market is gearing for a rise in freight rates after the implementation of the IMO 2020 regulation, the recently published IEA’s World Energy Outlook 2019 portrays a grim picture for product tankers after 2025. In “Sl…
A gloomy long-term outlook for product tanker market Read More »
In the first ten months of the year, the US imported 3.9 million tonnes of steel goods from Brazil, the same as was imported in the first ten months of 2017, despite the US putting in place quotas which was supposed to lower imports from the country. B…
BIMCO: 0.0%, no change in US imports of steel goods from Brazil despite quota Read More »
It’s the time of year where commentators start churning out forecasts on what freight markets can expect for the coming year. Their prognoses are usually wildly diverse, but like the last chocolates in the box, you can’t resist the guilty pleasure of d…
No let up for commodity concerns Read More »