Capesize The Capesize market struggled to hold its value this week as rates ebbed away across all routes. Closing Friday some reprieve was found as the Capesize 5TC closed on a positive up note +1888 to settle at $13,888. The Pacific region which exper…
Dry Bulk Market: Strong Finish to a Lackluster Week Read More »
Ship fuels manufactured using renewable electricity, and made purely from water and the gases found in the atmosphere, are being proposed as the solution to decarbonizing marine shipping. Net-zero by 2050 Countries around the world, including Canada, a…
Decarbonizing marine shipping: clean fuels for a greener future? Read More »
Tensions aside, China remains Australia’s biggest market for iron ore, accounting for almost 80% of its exports in 2021. In a recent weekly report, shipbroker Banchero Costa noted that “2021 was still a reasonably positive year for global iron ore trad…
Australia Remains a Key Exporter of Iron Ore to China Read More »
With five months still to go, June’s 78th session of the International Maritime Organisation’s Marine Environmental Protection Committee is shaping up to be a seminal summit. CMA CGM’s announcement at the One Ocean Summit organised by the president of …
MEPC’s countdown to zero Read More »
The price of oil surpassing $93 per barrel presents a brighter outlook compared to 2020. I won’t delve too much into the inner workings on the energy marketplace as my knowledge is limited, but we do analyse it through the relatively niche lens of mari…
How much will an offshore energy company pay for maritime VSAT? Read More »