As China’s iron ore needs increase, Japan’s dwindle, in what could be a further sign of the dry bulk market’s instability. In its latest weekly report, shipbroker Banchero Costa said that “while Chinese production of steel continues to increase, a slum…
Dry Bulk Market: Japan’s Iron Ore Imports on the Decline Read More »
The shipping industry has already starter using low-sulphur fuels since the start of the year. However, it could soon turn to even “greener” fuels in the coming years and sooner than originally planned. In its latest weekly report, shipbroker Gibson sa…
Could Shipping Turn to Alternative Fuels Sooner that Originally Thought? Read More »
Shipping guidelines and recommendations are encouraging shipowners and operators to focus mainly on bureaucratic, procedural controls. This might feel like a cheaper, easier way to address the “cyber security problem”. But there is a risk it will turn …
Security through bureaucracy is pain with limited gain Read More »
The tanker market was in reverse mode during the month of July according to the latest report from OPEC. Dirty tanker rates broadly trended lower across most routes in June, as the stellar rates seen earlier in the year receded. The decline in rates wa…
Tanker Market On Decline During July Read More »
The tanker is about to benefit from a potentially successful dealing with the current health crisis. In its latest weekly report, shipbroker Intermodal said that “the Covid-19 virus spread around the world has obviously impacted the global oil demand w…
Tanker Market To Benefit From Successful Handling of COVID-19 Read More »