Capesize A shaky start to the week in Asia where rates on the key West Australia/China run lost almost 90 cents dropping to $8.30. However, ongoing interest from the miners and operators saw levels regain ground with the expectation of over $9.00 on th…
Dry Bulk Market: Things Are Looking Perky Read More »
Debatably, the short answer is, yes. She and other ships like her, as well as adapted modern cargo ships, will have to become the norm for trading goods across the ocean at the rate we do now if we want to see a sustainable future for the shipping indu…
CEIBA – Is She the Future of Shipping? Read More »
While the world is struggling to live up to its commitment to limit climate emissions, new data indicate that climate change may be more severe and occur more rapidly than anticipated earlier. The IMO is looking for ways to make shipping climate-neutra…
Towards Zero Emissions: Environmental Outlook Read More »
High-street retailers in Western Europe held their breath in September 2016 when container ships bringing goods from Asia due to fill their shelves at the peak Christmas shopping season were suddenly left stuck in ports halfway. Some ships were even st…
Competition watchdogs and the forces shaping shipping Read More »
US President Trump criticized OPEC for the recent rise in fuel prices, citing that the US pays for defense for many of the groups’ members and therefore, OPEC should make an effort to increase crude supply to pressure global pricing. Additionally, Iran…
A Potential Monumental Shift Read More »