Capesize The market endured a challenging week, with sentiment deteriorating steadily as limited enquiry and a lack of sustained cargo volume weighed on both basins. The BCI 182 5TC fell from $42,798 at the start of the week to $37,251 by the close, re…
Dry Bulk Market: Capesizes Faced a Challenging Week Read More »
The OECD has laid out two starkly different economic futures for global trade in its latest Economic Outlook. The report’s scenario analysis makes clear that the trajectory of Middle East-related disruptions to energy flows will determine not only grow…
Trade stands at a crossroads Read More »
As the shipping industry intensifies its focus on energy efficiency, clear and balanced standard contractual frameworks for vessel retrofit projects are becoming increasingly important. BIMCO is well advanced in developing its Energy Saving Device Retr…
BIMCO’s Energy Saving Device Retrofitting Addendum: Work well underway Read More »
Fitch Ratings has revised its 2026 outlook for the global shipping sector to ‘neutral’ from ‘deteriorating’, reflecting a war-driven increase in demand for alternative suppliers and routes, primarily for oil and oil products. Th…
Fitch Ratings Revises Global Shipping Outlook to Neutral on War-Led Tanker Rate Surge Read More »
Global seaborne coal flows reached 119mt in May 2026, up 5% y/y — the first month of consecutive y/y growth in 2026 so far, and with an accelerating growth rate compared with April’s revised figure of 4%. Chinese seaborne coal imports fell by 6% …
South Asian demand keeps pushing coal flows higher Read More »