Capesize As one of the more wild weeks in the first quarter for the Capesize comes to an end, the market feels more like it’s in reprieve mood contemplating what comes next. From last Friday at $10,304, the Capesize 5TC reached a high on Wednesday of $…
Dry Bulk Market: Capesizes Move Forward as Strong Demand Emerges Read More »
The Pacific Basin proved to be the major driving force behind Qatar’s LNG exports. In its latest weekly report, shipbroker Banchero Costa said that “in the 12 months of 2020, global seaborne LNG trade increased marginally by +1.2% year-on-year to 362 m…
Qatar’s LNG Exports Remain a Major Play in the Market Read More »
In a bid to encourage wider adoption of just in time (JIT) arrival principles in the bulk sector, BIMCO has published a new clause for voyage charter parties to promote more efficient shipping procedures and as a result, help reduce CO2 emissions. The …
New BIMCO clause encourages bulk sector to embrace just in time arrival concept Read More »
The London Maritime Arbitrators Association has warned brokers of the pitfalls of using hybrid arbitration clauses and listed the three key ingredients that must be included in any arbitration clause. Speaking as part of the joint Baltic Exchange and I…
Care needed with arbitration clauses Read More »
The shipping industry is in a prime position to reap any benefits that come its way, from the latest surge in commodities’ prices. In its latest weekly report, shipbroker Allied Shipbroking said that “there has been a flurry of talks this week as to th…
Shipping Ready to Capitalize on Commodities’ Latest “Supercycle” Read More »