Capesize A positive end to the week for the big ships with gains particularly in the East, on the key West Australia/China run and the majors and operators in the market. Rates nudged the high-$7.00s for mid-May dates, and with two of the major Austral…
Dry Bulk Market: Capesize Rates On a Roll Read More »
The IMO deal reached in London represents a significant shift in climate ambition for a sector that accounts for 2-3% of global carbon dioxide emissions. It sets an emission reduction pathway of “at least” 50% on 2008 levels by 2050 with a strong empha…
The IMO’s 2018 climate agreement explained Read More »
The Capesize index is technically bullish but has the potential to produce a bearish divergence on the 21 period RSI and the stochastic above USD 18,192. A close below USD 16,890 would create a lower signalling a corrective phase within a bullish trend…
Dry Bulk FFA: Capesize Bullish But With a Catch Read More »
Every year in April, the Great Lakes of North America open up for seaborne trading as the winter ice melts. Maersk Tankers operates in the Great Lakes, bringing in products to support the region’s local industries and energy demands. The bi-national Gr…
Trading on “Highway H2O” Read More »
BIMCO has developed a new standard term sheet for syndicated ship financing (SHIPTERM S) – the first industry standard of its kind for syndicated loans. The term sheet was approved for publication at BIMCO’s biannual Documentary Committee meeting on Ma…
Ship Financing Just Got Less Complicated Read More »