Capesize The Capesize market experienced a mixed week, beginning with positive sentiment but gradually facing increasing pressure. It was a slow start, although optimism remained as the BCI 5TC rose by $400 to $28,232, driven by limited but stronger Pa…
Dry Bulk Market: Mixed Week for Capesizes Read More »
Drewry projects a 3.3% YoY gain in Capesize shipping demand in 2024 due to the shift in Colombia’s coal exports to the Far East. Freight rates on the Colombia-ARA route will be dampened as Europe, Colombia’s erstwhile major trade partner, is reducing i…
Asia’s appetite for Colombian coal pushing up Capesize demand Read More »
This week’s special focus is on the growth of VLCC AG supply for the first two weeks of September, as depicted in the left chart. The data shows promising signs of increasing supply, while WS rates are striving to establish firmer momentum. On the carg…
Tanker Weekly: Dirty Oil Shipments – Libya Read More »
Lenders to shipping are increasingly considering climate performance when setting loan margins, a study has found. However, their focus remains on the corporate level rather than the asset level, potentially limiting their ability to mitigate transitio…
Shipping lenders’ climate risk exposure Read More »
The International Association of Dry Cargo Shipowners (INTERCARGO) has submitted proposals to the International Maritime Organization (IMO) calling for a review of the Carbon Intensity Indicator (CII) at the 82nd session of the Marine Environment Prote…
INTERCARGO Proposals Call on IMO to Review Carbon Intensity Indicator at MEPC 82 Read More »