Calling a market turnaround to perfection is pure luck. But scouting for pillars that would support a higher level of demand makes sense. First up is the next Brazilian soya bean export season. Demand drivers and freight rates The extent of the freight…
Clarksons issued a series of figures compiled on the current scrubber market situation. Summarising the latest update, Steve Gordon, Managing Director of Clarksons Research commented: Scrubber count has increased six-fold since January 2018, to represe…
Ship owners are being very conservative this year, when it comes to committing funds in the newbuilding market, given the various degrees of market uncertainties. This has been the prevailing trend so far in 2019 and nothing suggests that it’s ab…
Newbuilding Market on a Rollercoaster Ride so far in 2019 Read More »
European containerised imports look likely to be stuck with demand growth of no more than 2% for years to come. That means the long-hauls into northern and southern Europe, where Ultra Large Containerships are perfectly suited to reap the benefits of e…
In a recent case, The Amity [2017], charterers successfully set aside an arbitration award on the basis that owners had not effectively served their notice of arbitration upon charterers since the person to whom owners had sent their arbitration notice…