Manning costs have risen moderately over the past 12 months, checked by easing officer supply shortage, and are forecast to rise at a similar pace over the next five years, according to the latest Manning Annual Review and Forecast report published by …
Manning costs to rise below inflation on easing officer supply shortfall Read More »
With less than a year left to get ready for the 0.50% sulphur limit, awareness is high but is that enough? Many have doubts, but don’t stop trying, says IBIA’s Unni Einemo. To be where we need to be by the end of this year, many elements of the three P…
Three Ps for IMO 2020 Read More »
Capesize The market continued its steady ascent over the past week to improved levels. The TC average opened the previous week at $12,243 and climbed through respectable fixture volumes, predominately in the East, to close Friday at $12,987. The West A…
Dry Bulk Market: Capesize Market in Steady Rise Read More »
Oslo-based Xeneta, the leading ocean freight rate benchmarking and market analytics platform, has revealed a jump in long-term contracted rates for containership operators during the month of May, as 2018 rates expire and new contracts push the index u…
In a little over 6 months the new IMO low-sulphur rule will come into effect. Few contest the change will have anything other than far-reaching consequences for the global container shipping industry and its users, but many BCOs remain uncertain about …
Final countdown to 2020: How one BCO handled the IMO 2020 rule change Read More »