Trimming of underwater high spots south of Shek Kwu Chau Monday, January 25, 2021, Hong Kong For approximately 6 months, trimming operations for underwater high spots will be carried out in the area bounded by straight lines joining the following co-or…
HOT PORT NEWS from GAC Read More »
An ambitious plan to double Brazil’s crude production, could yield significant demand for seaborne crude tanker plays down the line. In its latest weekly report, shipbroker Gibson said that “since 2019 Brazil has become the top crude exporter in Latin …
Brazil’s Importance in the Crude Tanker Market Could Increase in the Coming Years Read More »
Capesize The Capesize market rocked and rolled these past few days. But by weeks end little had changed on the Capesize 5TC as it settled down -884 to $24,631. This was a positive difference of $733 to the beginning of the week. The market was not with…
Dry Bulk Market: Capesizes on a Roll Read More »
“Wallenius has been concerned with environmental issues for many years, and this has guided us to our vision for truly sustainable shipping,” says Per Tunell, the company’s Chief Operating Officer. Kicked off in 2009, the goal of Oceanbird was to make …
Oceanbird ro-ro: Embarking on a new era of wind propulsion Read More »
The US market for LPG has cemented its place as a global leader during 2020, with exports in particular ending the year on a positive note, versus a decline in the rest of the world. In its latest weekly report, shipbroker Banchero Costa said that R…
LPG Trade: The US Market Dominated During 2020 Read More »