The tanker market is experiencing a structural shift in trading routes, which could have long-standing implications for ship owners. In its latest weekly report, shipbroker Gibson said that “back in March we looked at commercial stock developments for …
Tankers: A Tidal Change is in Effect Read More »
Capesize Firmer sentiment across both basins pushed the Capesize 5TC route average above the $20,000 threshold this week, closing at $24,209. Activity in the Pacific gradually picked up midweek after a public holiday in Singapore on Monday. The West Au…
Dry Bulk Market: Capesize Market Firms This Week Read More »
On 25 April 2022, BIMCO published its first own standard form of a ship sale and purchase agreement, called: SHIPSALE 22. According to BIMCO’s accompanying statement, publication concluded a two-year drafting process, which reportedly considered over 8…
Shipsale 22 – So what’s new? Read More »
The tanker market has entered into recovery mode during the month of June. In its latest monthly report, OPEC said that dirty tanker spot freight rates in June recovered some of the losses seen the previous month. The tanker market continued to improve…
Tanker Market in Recovery Mode Read More »
Is there a misalignment between incentives to improve carbon intensity? That was the question posed by Alessio Sbraga, a partner in HFW’s shipping department in London, at a recent joint Baltic Exchange and Institute of Chartered Shipbrokers webinar. S…
Contractual chaos of emissions regs Read More »