2018 was a dynamic year for ship recycling, with many vessel types removed at record levels, while others slowed to essential deletions only. 2018 was not a record year overall in terms of material re-used, however Bulkers, Containers and Small Dry ves…
Scrap book 2018: a record breaking year Read More »
The decline and poor outlook for the Capesize market has been apparent since the start of 2019, with ship owners, instead, shifting their attention in smaller ship segments, which are faring better. This trend has been evident in the S&P market as …
Dry Bulk Market: Capesize Segment Out of Favor, as Rates Drop Read More »
Capesize Vale’s ongoing absence from the Brazil spot market continued to have a negative impact on sentiment, with rates falling in all areas. There were operators still shipping from Brazil, with the rate from Tubarao to China hovering around the mid …
Dry Bulk Market: Capesizes Still Under Pressure, While Smaller Classes Improve Read More »
International shipping accounts for around 3% of global CO2 emissions. The amount of cargo carried by sea has grown and is expected to reach 12 billion tonnes by 2020. Growth in global trade also means growth in fuel consumption and, therefore, higher …
Slow steaming to arrive at the right time Read More »
In its latest weekly report, shipbroker Intermodal said that “with the IMO 2020 approaching, it becomes challenging for the market to accurately explore the run-up to the deadline given that marine fuel-oil of 0.5% sulphur content does not yet exist ph…
The Scrubber Conundrum: Will They Generate Profits or just Earnings? Read More »