In today’s market conditions, it may wise to remove some older tonnage, although there are still many market unknowns. In its latest weekly report, shipbroker Clarkson Platou Hellas said that ‘with each week bringing new port restrictions and regulatio…
Where to Next for Demolition Activity? Read More »
Transport capacity shortages, disruptions to supply chains and inability to plan since late January have been a dangerous combination. But will all 3 major problems last for shippers? Since February, most international shippers have had to fight on 3 m…
The triple shock of Coronavirus in shipping: will it last? Read More »
Crew unable to disembark, service engineers unable to maintain essential equipment and classification societies unable to do scheduled ship surveys. This is the new reality for many, as several port authorities and port state authorities are imposing r…
Coronavirus And Crew Restrictions; What To Keep In Mind Read More »
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 »