It is said that the only certain things in life are death and taxes. This is certainly the attitude the shipping industry should take towards the impending IMO2020 sulphur cap. From the myriad reports, conferences, and press releases on this issue, wit…
Wait and see? Don’t risk inaction over IMO2020 fuel price Read More »
China’s domestic demand for chemical shipping has been boosted by the rapid expansion in Chinese base chemical production capacity for products such as paraxylene and stryrene. Some 55% of the new production capacity is located in East China, 23% in No…
Tanker owners have experienced the lows of the market, but 2019 is a different story, as a number of factors are contributing to improved market sentiment. Most recently, a series of shifts could shift ton-mile demand in favor of ship owners. In its la…
Tankers: A Positive Trend is Taking Shape, Boostin Ton-Mile Demand Read More »
Capesize The Baltic Capesize market shrugged off its recent negative sentiment to post daily incremental improvements over the last week. Pacific-led gains were seen early in the week. As the market drew to a close on Friday, higher Atlantic rates were…
Dry Bulk Market: Capesize Index On the Mend Read More »
There is a popular Brexit account on Twitter that tweets every sixty minutes how many hours are left before the UK is due to leave the European Union on 29 March this year. The numbers on this countdown clock are already well into three figures at the …
Brexit and Shipping Read More »