A constantly evolving and complex regulatory framework is adding to every ship owner’s cost expenses, with the situation becoming more difficult as the industry is moving towards decarbonization. In its latest weekly report, shipbroker Gibson said that…
Regulations Adding to Shipowners’ Costs Read More »
Capesize Both the BCI and time charter average climbed to the highest point of the year this week. Despite there being a few instances of breaching 5000 points in the last decade, the same level in the high 5000s on BCI was last seen only in early Dece…
Dry Bulk Market: Capesizes Reach New Highs Read More »
A major European shipping trade body is among those lobbying against the EU’s proposed Paris Agreement-aligned net-zero pathway. A report by London-based think tank InfluenceMap tracked 20 trade bodies’ efforts to lobby against the EU’…
Fit for 55: Shipping industry lobby fights EU net-zero policy Read More »
Japan is among the major markets when it comes to the global seaborne trade. However, 2020 proved to be a rather dismal year for coal. So far though, 2021, is proving to be much better, with volumes increasing every month that goes by. In a recent week…
Seaborne Coal Trade Looking for Recovery After Dismal 2020 Read More »
Examining the last ten years of China’s crude steel output and iron ore imports shows that China’s iron ore imports have stayed resilient during each year where China’s crude steel output growth came under notable pressure. Last decade began with China…
Dry Bulk Market: Global Iron Ore Production Dictates China’s Iron Ore Import Volume Read More »