The dry bulk index keeps its increasing trend driven by buoyant sentiment in dry bulk capesize freight rates. The capesize freight market has been trading strongly since the beginning of April to reach levels not seen in the past decade. The capesize 5…
In the case of A v. B [2021] EWHC 793 (Comm), the seller under a sale contract jumped the gun and found themselves in breach when they purported to terminate the contract prematurely on the ground that they (mistakenly) considered the buyer was in repu…
A less than appealing tanker market hasn’t been enough to deter ship owners, keen to acquire modern wet tonnage, in expectation of a surge in demand and rates alike during the second half of 2021 and onwards to 2022. In its latest weekly report, shipbr…
Tanker Acquisitions Gain Traction Despite Lackluster Market Read More »
The introduction of rules last year to reduce ship sulphur emissions is resulting in a significant hike in operational expenditure for ship managers, with the use of low and very low sulphur fuel potentially resulting in system and engine damage. Speak…
Low Sulphur Fuel Can Add $20,000 To Annual Ship Operational Costs Read More »
Within the last two weeks, the ongoing debate on the European Union Ship Recycling Regulation and a bilateral agreement between the European Union (EU) and India to solve the Basel Ban Amendment conundrum is re-surfacing once again, as the Danish Envir…