The Capesize market’s dominant route is inevitably the Australian iron ore export to China. In its latest weekly report, shipbroker Banchero Costa said that “seaborne iron ore prices reached a six-year high due to China’s insatiable demand for steel am…
Australian Iron Ore Exports are Still Mostly China-Bound Read More »
In recent weeks, European Parliament has voted to include shipping within the bloc’s carbon dioxide (CO2) Emissions Trading System (ETS), a scheme within which polluters have to pay for their pollution through the purchase of allowances. The move raise…
A potential new role for the EU in shaping global shipping norms Read More »
A major registry office in the heart of the world’s largest ship owning cluster has helped support Greek owners through the past six months of difficulties. The Registry’s Piraeus office is home to a strong team of experts who have been available to pr…
Marshall Islands Registry: Greek Office Adds Value During Pandemic Read More »
Tanker owners could find some relief in the market as the year draws to a close. In its latest weekly report, shipbroker Intermodal said that “undoubtedly, this year (ongoing) will never be forgotten because in a matter of months it has managed to seve…
Tanker Owners Could See Market Improve Until Year-End Read More »
3,016 voyages performed by 940 Capesize ships are the numbers from Australian exports to China during the first eight months of 2020. A total of 899 voyages were destined for other nations, with South Korea and Japan-bound voyages accounting for 636 of…
8 out 10 Capesize bulkers head for China when leaving Australia Read More »