Capesize The market continued its rollercoaster ride last week opening with negative sentiment, but turning around in dramatic fashion by the week’s end. The BCI 5TC reduced from $11,182 at the end of the previous week to a low of $9,898 on Tuesday, bu…
Dry Bulk Market: Rollercoaster Ride Continues Read More »
One way or another, ship owners are soon going to have to make big, and in some cases expensive, changes to meet compliance. New International Maritime Organization (IMO) regulations coming into force at the start of 2020 will slash the allowed concent…
To scrub or not to scrub Read More »
While demolition activity in the dry bulk segment has been up by 185% this year, compared to 2018, a potential dry bulk market recovery ultimately hinges on the improvement from the demand side of things. In its latest weekly report, shipbroker Intermo…
Iron ore demand will be Critical for a Dry Bulk Market Recovery Read More »
Emissions from shipping have come under fire once again thanks to the recent climate change protests in London and Sweden that have put further pressure on governments to take swift and decisive action on the environment. Although official figures indi…
Slow steaming, a solution to reduce CO2 emissions? Read More »
As many members are aware, whether they purchase bunkers as an owner or charterer of a vessel, sometimes the standard terms and conditions of the relevant bunker supplier can be slanted in favour of the bunker supplier. Often they contain short time li…
Bunker suppliers upset balanced BIMCO bunker terms Read More »