One of the major coal exporters, South Africa is now having to rely more on markets like the ones in the Indian Subcontinent, especially India, in a bid to find buyers for its product. South Africa hasn’t managed to penetrate Far East Asian markets, bu…
Dry Bulk Market: Where to Next for South Africa’s Coal Exports? Read More »
For those who have been tracking the COSCO (China Ocean Shipping Co.) Iran-related shipping sanctions, on December 19th, the US extended General License K-1 until February 4, 2020. Until then, US companies who were previously (before September 24, 2019…
Developments in Maritime Sanctions Actions Signal US Enforcement Policies Read More »
In recent years the shipping industry has faced a significant number of bunker quality claims, most notably arising out of the so-called “Houston problem”, where there were numerous complaints that contaminated fuel had caused engine proble…
Bunker quality claims in 2020 – issues to consider Read More »
Coal demand is increasingly moving towards the East, as European cargoes are gradually reducing. In a recent weekly report, shipbroker Banchero Costa said that “demand for coal continues to experience sharply differing fortunes in the Atlantic and Indo…
Europe Coal Imports Retreating Fast Read More »
Capesize The New Year started with an erosion on pre-Christmas rates as the higher low sulphur fuel costs due to IMO 2020 affected levels. From Brazil the route is now assessed at close to $18.50, whilst from West Australia, several vessels were fixed …
Dry Bulk Market: Capesize Market Starts on the Wrong Foot Read More »