Brisk growth in China’s enormous seaborne trade has resumed over the past couple of years, following an earlier sharp slowing of the upwards trend. Potential for further expansion ahead is still visible, but it is not easy to foresee precisely how some…
China’s seaborne trade: a spectacular upwards trend Read More »
BIMCO’s Documentary Committee is expected to adopt a new version of the standard contract Bunker Terms in New York on May 2. The Bunker Terms 2018 have been drafted by representatives from across the bunker industry. It is a balanced set of terms…
New Bunker Terms will boost harmonisation Read More »
The optimism surrounding the prospects of the dry bulk market in the long-term was enough to trigger additional newbuilding orders over the course of the past week. In its latest weekly report, Allied Shipbroking said that “it is true that newbuilding …
Dry Bulk Ordering Activity Rides Wave of Optimism Read More »
Asset values remain depressed across the clean Tanker markets, creating buying opportunities for prime age tonnage. Younger ships provide investors with an asset that is well placed to appreciate when the shipping markets do turn. LR1s have been unfash…
Time to buy the dip in LR1 Tankers? Read More »
The Baltic Exchange will be introducing a modernised code of conduct for shipowners, charterers and shipbrokers using the physical shipping and freight derivatives markets. Following a detailed review of the current arrangements led by law firm Norton …
Baltic Exchange sets out modernised Code for freight market Read More »