We thought it might take 6 months for crude to fall $10, but it only took a few days! Things tend happen a lot faster in the market than we typically expect, and the past month has definitely been one of those periods. In mid-November we wrote about pr…
Not all price falls are equal, and certainly not in bunkers Read More »
Capesize The Capesize market moved sharply lower this week with both the overall index and the average of the five timecharter routes declining over 2100 points and $17,422, compared with last Friday, closing the week at 2727 and $22,613 respectively. …
Dry Bulk Market: Capesize Market Has Worst Week in Years Read More »
Dirty tanker spot freight rates were steady in November, although the expected year-end upward momentum has yet to materialize, OPEC said in its latest monthly report. For VLCCs, the spot freight rates on the Middle East-to-East route averaged WS43, up…
Tankers Market Steady During November Read More »
China set out its priorities for its 2022 economic policies last week placing much emphasis on stability. The annual Central Economic Work Conference, which took place in Beijing, outlined key goals, including taking steps to make macro policies more e…
China hints at 2022 ambitions Read More »
When we talk or hear about the Shipping industry everyone knows that it is the is the first world industry that correlates nations and continents. “No Shipping – No Shopping” as it goes. According to I.M.O., “shipping is vital to the nations’ security,…
“How to better control and manage risks by division and a three step analysis” Read More »