The latest developments in the ship recycling market suggest that the period of high offers presented by yards to ship owners are a thing of the past. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the current market sentimen…
Ship Recycling: Are High Prices Off the Table? Read More »
Demand drivers and freight rates The first four months of 2021 have been record-breaking in volume terms, with demand reaching 1.69 billion tonnes – the highest-ever start to a year. Volumes are up 6.1% compared with the same period in 2020, and only s…
Dry Bulk Shipping: Record-Breaking Start To Year Drives Earnings To Decade Highs Read More »
Traditionally, maritime risks have been relatively predictable such as human error, mechanical failures and natural disasters. The continual growth of international trade and the introduction of new technologies mean that shipping industry risks are ev…
Rethinking Shipping’s Risk Management Read More »
Prompt delivery slots available amid more muted bunker demand in Fujairah, and weaker bunker demand weighs on VLSFO refinery margins in Singapore. Singapore’s fuel oil inventories fell to two-month lows of 22.88 million bbls last week. The stocks have …
ENGINE: East of Suez Bunker Fuel Availability Outlook Read More »
The dry bulk market is primed for a renewed upward momentum in the weeks and months to come. In its latest weekly report, shipbroker Allied Shipbroking said that “it has been a stellar couple of months for commodities, with prices and demand having ris…
Dry Bulk Market: Conditions Are Favorable for More Upward Momentum Read More »