The latest trends in crude oil production, after the latest OPEC and Russian talks took place, make for an interesting reading. In its latest weekly report, shipbroker Gibson said that “this week global crude benchmarks plummeted to their lowest levels…
Oil: Where to Next? Read More »
Capesize The Capesize market made some headway this past week despite being buffeted by the global pandemic storm. With the market in a constant state of flux on a seemingly endless news cycle, increasing restrictions and disruptions, the Cape 5TC mana…
Dry Bulk Market: Capesizes Face Headwinds This Week Read More »
Voyage charterparties frequently require the owner to notify any claim with supporting documents within a relatively short period of time. Our recent article on The Amalie Essberger touches upon the issues that can arise as a result in the context of d…
Charterparty requirements to notify claims – take care! Read More »
Russian crude oil exports could exhibit yet more trade shifting patterns in the months to come, as a result of the Coronavirus effect. In its latest weekly report, shipbroker Banchero Costa said that “in the 12 months of 2019, Russia exported 225.3 mln…
Trade Patterns Mixing Up Russian Crude Oil Exports Read More »
The call for an immediate multi-million pound government support package for shipping from the UK Chamber of Shipping earlier this week spoke volumes of the crisis facing the industry. Chief executive Bob Sanguinetti asked the UK shipping minister Kell…
‘No return to normal’ Read More »