Shipping is about to experience its latest round of emission reduction this coming January and already some trouble could arise as things could get tricky between ship owners and charterers. In its latest weekly report, shipbroker Gibson said that “the…
Shipping’s Emissions Reduction Regulation Should Take Trade Practice Into Account Read More »
Capesize The Capesize sector spent the week trundling along the market floor as the last few day’s brief revival of rates was quickly wiped out, returning the 5TC back to $5-6k OPEX levels. On a more positive note, the Atlantic basin has begun to see a…
Dry Bulk Market: Capesize Sector Flat on Mixed Performance Read More »
Managing marine risks is not an easy task, which requires special knowledge and expertise on the subject per se. Customarily, big ship management companies, operating a large number of vessels, employ a small army of marine professionals, manning diffe…
The global iron ore seaborne trade has trended lower so far this year, mainly as a result of China’s diminishing iron ore imports. In its latest weekly report, shipbroker Banchero Costa said that “global iron ore loadings in the full 12 months of 2021 …
Iron Ore Seaborne Is Down This Year and Canada is no Exception Read More »
Shipping lines and container owners in North America (majorly in the US) are finding it difficult to return containers to China. To add to the present challenges, the US is also facing major trucking issues that are making cargo movement within the cou…