China and the EU were the main destinations of Russian seaborne coal exports during 2021. In a recent weekly note, shipbroker Banchero Costa said that “following a disastrous 2020, with the world hit by lockdowns and recession pretty much everywhere, g…
The Chinese New Year period is typically one of steady rate declines as the seasonal market weakness takes its toll. However, although five weeks have now past since we entered the Year of the Tiger, the market has not seen much in terms of added weakn…
FBX Index: An unsettled and uncertain market Read More »
While data quality and integration obviously play a prominent role, the human element is also fundamental to ensuring the success of digital solutions. Platforms, algorithms, and software are created by humans, for humans – with people and data working…
From offshore to shipping, it is people that drive successful digital transformations Read More »
The tanker market is expected to face a significant trade rerouting, after the latest sanctions in Russian crudes and the emergence of Iranian and Venezuelan grades as potential candidates to replacing part of the lost supply. In its latest weekly repo…
Tanker Market In Shifting Tides Read More »
Capesize The Capesize market appeared to get caught up in the wider market rallies this week as geopolitical tensions run high, with the 5TC lifting $8635 over the week to settle at $22,195. Tailwinds surely helped push the market higher but plenty of …
Dry Bulk Market: Capesize Market Reaches New Highs Read More »