The dry bulk market has witnessed another roller coaster ride over the past few months, with rates skyrocketing for about two months, before retreating once more during the course of the last few weeks. So, where do we stand now? In its latest weekly r…
Dry Bulk Market: Where to Next After the Rollercoaster of the Past Four Months? Read More »
The new interactive graphs allow price fluctuations in the major bunkering hubs of Singapore and Rotterdam to be tracked. They will show the bunker prices for 380cST HSFO (high sulphur fuel oil) and MGO LS (marine gas oil low sulphur), both in USD per …
BIMCO Launches Interactive Graphs Showing Bunker Fuel Spreads Read More »
The U.S. Office of Foreign Assets Control (OFAC) on Sept. 25, 2019, designated COSCO Shipping Tanker (Dalian) Co. Ltd. (COSCO Dalian), Kunlun Shipping Company Ltd., and certain other entities and individuals as Specially Designated Nationals (SDNs) und…
Navigating the Recent U.S. Sanctions on COSCO (Dalian) and Other Chinese Companies Read More »
Ships’ recycling activity should pick up in the coming months, in order for the freight market to recover in the long-term. However, this hasn’t been the case so far in 2019, with many owners opting to hold on to their older vessels, with d…
Demolition Activity Should Pick Up For Rates to Recover in the Long-Term Read More »
The main story for 2018/19 has been the positive developments in the large LNG sector, which we are expecting to continue throughout the rest of 2019 into 2020. This is being driven by increasing demand as more countries prioritise LNG as an energy sou…
Greek Ship Owners Dominate the LNG market Read More »