Crude tanker owners could use some good news, as they are preparing to enter a period of uncertainty, following the expiry of the contango effect, which boosted their earnings in the short-term. In a recent weekly note, Banchero Costa detailed the curr…
West Africa Market Could Support Tanker Rates Read More »
One thing that has confusingly held true up to now was that, against all the trends of many other commodities and market, iron ore kept on rising. It has been the black sheep of the markets, standing there, teeth gritted, weathering the storm that had …
Dry Bulk Market: The End of the Road for Iron Ore Read More »
Cooling relations between the commodity powerhouses of China and Australia may point to trade troubles ahead when the world emerges from the Covid-19 pandemic. The dispute stems from Australian foreign minister Marise Payne’s call last month for an ind…
Souring Sino-Australia trade relations Read More »
As various governments around the world are gradually shaping their stimulus and policies to jolt their economy, the shipping industry is eagerly waiting for them to take effect and translate into a growth in global trade. In its latest weekly report, …
Global Economy’s Rebound Will Determine Shipping’s Turnaournd as Well Read More »
The scourge of piracy and maritime kidnap is not a new phenomenon, it is its endurance worldwide that causes the most discouragement. In the last year we’ve seen several high-profile, sobering cases and Greek operators have not been immune. With the co…
Kidnap: Managing your stakeholders Read More »