Highlights: The Panamax index remains in bearish territory and is now looking to test the long-term range support. The RSI and Stochastic are signalling a trending environment and we will need to see price action make a new high for the technical to be…
Dry Bulk FFA: Panamax Index Still Bearish Read More »
Eletson Corporation is leading the way in adopting cutting-edge technology to improve the lives of their seafarers and increase payroll efficiencies. The introduction of Brightwell’s cashless facilities for masters and crew reduces the need for cash on…
It’s been a mixed bag for the tanker markets this week, but more upside could be on the way. In its latest weekly report, shipbroker Affinity Research said that “in Suezmax markets, the TD20’s dramatic collapse was perhaps halted by busy WAF & Amer…
Shipbroker Sees Upwards Correction on VLCC Rates Read More »
Capesize A positive end to the week for the big ships with gains particularly in the East, on the key West Australia/China run and the majors and operators in the market. Rates nudged the high-$7.00s for mid-May dates, and with two of the major Austral…
Dry Bulk Market: Capesize Rates On a Roll Read More »
The IMO deal reached in London represents a significant shift in climate ambition for a sector that accounts for 2-3% of global carbon dioxide emissions. It sets an emission reduction pathway of “at least” 50% on 2008 levels by 2050 with a strong empha…
The IMO’s 2018 climate agreement explained Read More »