Summary In The Anna Dorothea, the Court found that where a charterparty provides that no deduction from hire may be made without owners’ consent, non-payment of hire is a “deduction” if the vessel is allegedly off-hire at the instalme…
Anti-deduction clauses: Can a charterer withhold hire without an owner’s consent? Read More »
The product tanker market is a major beneficiary of the ongoing Red Sea crisis, with diesel and fuels supply into the EU now being sourced from other regions. In its latest weekly report, shipbroker Gibson said that “as Europe steps into spring having …
Product Tankers To Benefit from an Increase in Ton-Mile Demand Read More »
Capesize The capesize market witnessed a mixed and evolving week with notable fluctuations in different regions. The Pacific market started with limited activity and weather disruptions in North China, causing a decline in C5 rates. Projections of addi…
Dry Bulk Market: Capesize Market Marks Positive Shift in Momentum Read More »
Signal Ocean has conducted an in-depth analysis of clean tanker exports traversing the Red Sea bound for Europe. Building upon our previous insights, this analysis underscores the strategic importance of the Red Sea route in facilitating the transporta…
The Red Sea Challenge for Clean Tanker Exports to Europe Read More »
The crude tanker market benefitted from a surge in crude oil exports from the US with the EU accounting for more than 20% of demand. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been another positive period for crude oil t…
Tankers: US Crude Oil Exports Surged in 2023 Read More »