Shipping confidence dipped very slightly in the three months to end-August 2018, according to our latest Confidence Survey. The average confidence level expressed by respondents was down to 6.3 out of a maximum possible score of 10.0, this compared to …
Confidence slips marginally on geopolitical factors Read More »
The new International Maritime Organization (IMO) Low Sulphur Regulation will be effective from 1 January 2020 and will require all shipping companies to reduce their Sulphur emissions by 85%. This new regulation aims to reduce the environmental impact…
CMA CGM estimates low-sulphur rule will cost $160 per container Read More »
The ongoing weakness in Turkish economy and corresponding depreciation in Lira is making the country’s imports expensive. From the beginning of the second quarter, the Lira has depreciated by more than 50% against the US dollar and in addition, Turkey …
Capesize A mixed week for the big ships with unfulfilled expectations. Rates on the West Australia/China route failed to hold and dropped to $7.20 for 7-9 October, with timecharter rates shy of the mid $15,000s, and this despite all the miners in the m…
Dry Bulk Market: Capesize Market Had a Mixed Week Read More »
With the majority of ship operators expected to choose low-sulphur fuel over scrubbers to comply with the new IMO sulphur cap regulation, all eyes are on fuel suppliers and whether they can provide what the industry needs. According to Niels Henrik Lin…
Shipowners urgently need a fuel-management plan Read More »