China’s global infrastructure project under strain
Beijing is preparing to host the world in a Belt and Road forum but faces a series of clashes and setbacks
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Product Tanker Rates Facing More Volatility Moving Forward
A number of factors have been coming into play, when it comes to determining freight rates in the product tanker market. In its latest weekly report, shipbroker Gibson said that “over the past few weeks, MRs trading out of Europe have continued to outp…
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Dry Bulk Market: Frustration Abound for Capesizes
Capesize The Capesize market endured another week of frustrating troughs as rates languished at near historical lows. Monday’s Baltic Capesize Index (BCI) route 5TC posted an index down -145 to settle at $4,035 and by Friday finished at $3,796. The beg…
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IMO 2020’s knock-on effects for Gulf Coast waterborne crude flows
The shipping industry faces a world of uncertainty as IMO 2020’s forthcoming rule changes the makeup of marine fuels to a lower 0.5% sulphur requirement. Ship owners will lean heavily on the supplies of complex Gulf Coast refiners that can turn t…
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Marshall Joins Ecochlor
Ecochlor announced Andrew Marshall as its new Vice President of Business Development, to oversee the sales, marketing and communications team, manage major client accounts, and develop strategies to increase revenue growth and profitability.“Marshall…
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