Steadily increasing support for the Gulf of Guinea Declaration on Suppression of Piracy, combined with Nigeria announcing significant investment to address the ongoing piracy issue in the Gulf of Guinea, raises hope that efforts are on the right track …
Industry’s support for piracy declaration rises to nearly 350 signatures Read More »
The dry bulk market is on an upward trend, but most are unable or hesitating to predict how high and how long will the market move. This is where the FFAs are quite handy. In its latest weekly report, shipbroker Allied Shipbroking said that “at the clo…
Dry Bulk Market and FFA Contracts: What Are the Ship Owners Options? Read More »
Revamped demand for commodities from grains to coal powered a surprisingly strong recovery in the dry bulk shipping market for the first six months of 2021. Both freight levels and earnings reached multi-year highs. Supramaxes have now taken the lead a…
Dry bulk supramax freight market surprises for the first half 2021 Read More »
The use of data and technology in the marine insurance industry has taken great forward steps in the last decade. In an industry often portrayed as being more comfortable with tradition rather than disruption, there is a realisation that the vast amoun…
Shipping insurance data and collaboration Read More »
A recovery for the tanker market is long overdue, but it seems that owners could have to wait a little longer. In its latest weekly report, shipbroker Gibson said that “as global oil demand charts a path to recovery it is becoming increasingly clear th…
Tankers Could Face Lenghty Wait For Market Recovery Read More »