China’s increased use of scrap metal for its production of crude steel is fundamentally critical to the dry bulk shipping industry. Mostly Capesize ships are impacted by this, way beyond the temporary iron ore export disruptions in Brazil and Australia…
BIMCO Sees Hard Times Ahead for Capesizes Read More »
The below FAQs about scrubbers are intended to assist members (as owners and charterers) in preparing their charterparties for IMO 2020. Whilst this is not intended to be formal legal or technical advice or an exhaustive list of FAQs, it seeks to ident…
IMO 2020 – scrubber FAQs for charterparties Read More »
With Easter Holidays expected to dominate a large part of the ship owning community in the next couple of weeks, newbuilding activity appears to have slowed down, compared to the past couple of week. In its latest weekly report, shipbroker Allied Shipb…
Newbuilding Activity Lacklustre, But Second Hand Ships Sales Rather Vivid Read More »
China’s decision to restrict its coal imports in 2019 below 2018 levels will dent demand for Panamaxes, but an ongoing tussle with Australia could be the silver lining. The Chinese government plans to curb the country’s coal imports by 3%-4% in 2019, t…
A Chinese punch on Panamaxes Read More »
In 2017, NORDEN’s dry bulk activities were successfully split into a Dry Operator and a Dry Owner unit to add resilience in versatile market conditions. Now a similar model is in the making in the company’s tanker business. “Increasing focus on short-t…
Tankers Ramps Up Focus On Short-Term Read More »