It is everywhere. Chatter about the coronavirus has taken over the pages of every single news website, creating a homogeneity of panic. It’s also turned that friend of yours (invariably called Dave), who bangs on about conspiracy theories, into talking…
Ship Shape – FIS Commodity Read More »
On 30 January 2020, the World Health Organization (WHO) declared that the outbreak of the Novel Coronavirus (officially the “COVID-19”) was a Public Health Emergency of International Concern. The virus has been spreading rapidly both within China and g…
Coronavirus and its impact on your contract ꟷ can you rely on ‘Force Majeure’? Read More »
In the weeks leading up to 2020, a lot of analysts were predicting a solid rebound in product tanker market freight rates, a scenario which, for the most part, was materialized. So, how has the market reacted in the weeks after the start of 2020? In it…
IMO 2020: What’s The Implication in the Tanker Market So Far? Read More »
Capesize Riding the downward momentum of the previous week, the market was always going to be hard pressed to make any sort of revival. With multiple drivers including Coronavirus, rail flooding in East Australia, rains in Brazil and a tropical cyclone…
Dry Bulk Market: Capesizes Still Suffering, but Some Respite Seen for Smaller Classes Read More »
With the IMO 2020 global sulphur cap now in force, members should bear in mind another significant date in relation to the ‘carriage ban’ – coming into force on 1 March 2020. The ban mandates that fuel oil used and carried on board ships must not…