Normal service has been resumed, as ship owners have returned to the S&P market, lowering their “appetite” for newbuildings. In its latest weekly report, shipbroker Banchero Costa said that “two modern NewCastelmax, the Bulk Seoul and Bulk Shanghai…
Ship Owners Return to the S&P Market Read More »
Amid intense competition in the tanker market, ship size and cargo flexibility are key differentiators. As a result, there is a trend among operators to prefer LR2-type tankers which, in contrast to the equally sized Aframax crude oil tankers, have coa…
New tanker generation calls for new rules Read More »
Oceans and seas around the world are warming up and seeing increasing surface acidification; marine biodiversity stands threatened and marine heatwaves are intensifying; mean sea levels are rising due to ice loss in Greenland and the Antarctic. These a…
Climate change and the oceans: Navigating in troubled waters Read More »
With the dry bulk market looking for a new balance, it’s intriguing to take a look at the current state of Australia’s iron ore exports, one of the most important sources for China. In a recent weekly report, shipbroker Banchero Costa said that “Austra…
Dry Bulk Market: The Case for Australian Iron Ore Exports Read More »
Chemical cargoes, petroleum products, vegetable oils and other fats are often carried as bulk cargoes on board chemical and product tankers. Quality problems with these cargoes have been an issue since the dawn of this trade, and even with modern techn…
Sampling of liquid cargoes Read More »