Recent freight rises have began putting pressure on the bauxite trade. In its latest weekly report, shipbroker Intermodal said that “recent developments in the Guinea bauxite trade are introducing a more complex outlook for the Capesize segment, as the…
Dry Bulk Shipping: Is Bauxite Trade Under Pressure? Read More »
Three 20-year-old liquefied natural gas (LNG) carriers were recently sold to a newly formed company in Türkiye, with two subsequently reflagged to Sierra Leone, a ship registry favored by Russia’s dark fleet. Two of the vessels are currently sailing ar…
Russia Expands Dark Fleet of LNG Carriers Read More »
BIMCO will establish a Task Force on Biofouling Management to strengthen industry input into the upcoming work at the International Maritime Organization (IMO) on the development of a legally binding framework for the control and management of ships’ b…
BIMCO to establish Biofouling Management Task Force Read More »
With the war in the Middle East entering its fourth week, questions regarding oil production capacity are beginning to arise. In its latest weekly report, shipbroker Gibson said that “the past few days have seen the conflict extend beyond chokepoint di…
Tanker Market: Is Crude Oil Supply Under Threat? Read More »
Capesize It was a week of mixed route performance in the Capesize market. Following a positive close on Friday, the Capesize Timecharter Average (C5TC 182) ultimately rose by $817 week-on-week. The C3 Brazil to China route edged above $30, a level last…
Dry Bulk Market: Capesizes End the Week on a High Note Read More »