Innovation is touching every corner of the shipping industry, with major changes underway in the way owners are buying bunkers. Rising oil volatility has caused an increasing number of shipping companies to start procuring their fuel months in advance….
Shipowners Rush to Bunker Hedging Read More »
Ship owners have to contemplate their future plans after an inconclusive meeting last week at the IMO. While some issues were addressed, no major breakthrough took place in the fuels arena. In its latest weekly report, shipbroker Gibson said that “this…
Clarity is Still Lacking For Ship Owners After IMO Meeting Read More »
Capesize ‘Resistant’ would be one adjective to describe the Capesize market this week, as there was an increasing perception that it had discovered a floor, in several areas – specifically in Asia – where the pivotal C5 West Australia round gaine…
Dry Bulk Market: Capesize Market Finds Resistance Read More »
Over the past few years, the Internet of Things (IoT) has emerged as one of the most important technologies of the 21st century. Now that we can connect everyday objects – kitchen appliances, cars, thermostats, baby monitors – to the intern…
How the IIoT is about to destroy the Noon Report as we know it Read More »
The tanker market has suffered of late and doesn’t seem to be able to capitalize on this year’s seasonal demand in the Northern Hemisphere as usual. As such, could other trades like US crude oil exports, offer some sort of support to the freight market…
Could US Crude Oil Exports Provide a Boost to the Tanker Market? Read More »