Recently, a bulk cargo vessel carrying coal from South Africa to Singapore suffered a fatal accident, resulting in the deaths of three crew members who were found in a full cargo hold. This is the second incident of its kind, as a similar accident occu…
Case study: Dangers of coal cargo Read More »
The tanker market could be set for another shift, if Russia’s oil exports force buyers in China and India to look elsewhere. In its latest weekly report, shipbroker Gibson said that “with OPEC+ set to roll over existing production cuts into Q2, the cas…
Tanker Market Could Shift Again Read More »
Wellbeing is becoming a central focus for the shipping industry. Individual companies, while having made great strides in recent years to improve the safety of maritime industry employees, need to work across supply chains and take full advantage of te…
Collaboration and technology: the dual-pronged key to maritime safety Read More »
Capesize Throughout the week, the capesize market experienced shifts in sentiment and activity. The week commenced robustly in the Pacific, with all three miners bustling with activity, driving up rates, and causing C5 to spike by at least $1.00. Howev…
Dry Bulk Market: Capesize Market on an Upside Read More »
The LPG shipping market has seen a boost in demand from China during 2023. In its latest weekly report, shipbroker Banchero Costa said that “global LPG (liquified petroleum gas) trade has been steadily recovering in the past two years, following a very…
China’s Demand Fuelling LPG Shipping Market Read More »