Capesize The Capesize market over the past week looked to have found a floor on Tuesday with the BCI 5TC at $3460 before firming into the rest of the week, ending at $4881. Iron ore cargo trades from West Australia to China dominated early week busines…
Dry Bulk Rates Still Low, But Things Are Improving Read More »
In its latest weekly report, shipbroker Intermodal said that “subsequently to the drop of rates in the third decade of March – last week continued pretty much with the same sentiment, with nothing fresh apart from a few sparks that did not materi…
Tanker Market: Where to Next After Brexit and Venezuela Sanctions? Read More »
New Year’s Day 2020 is firmly marked in the calendar as the refining and shipping industries prepare for change. The International Maritime Organisation (IMO)’s rules, in force from 1 January 2020, will see the current maximum fuel oil sulphur limit of…
IMO 2020: Ready or not? Read More »
The English High Court’s judgment in Alize 1954 v Allianz Elementar Versicherungs AG (The CMA CGM Libra) is an important decision involving the application of longstanding principles as to a shipowner’s liability for actionable fault following a …
Ship Passage Plans – No Room For Error! Read More »
With more and more ship recyclers looking to comply with stricter environmental standards, the demolition market could be seen as one in transition. Still, as Clarkson Platou Hellas said in its latest weekly report, “the market feels overheated at this…
Green Recycling Takes Center State in Southeast Asia Read More »