In the first four months of the 2020/2021 US marketing year for soya beans (which started on 1 September), 2.5m tonnes of soya beans were exported in containers, accounting for 6.3% of total exports, while 37.1m tonnes departed the US in dry bulk ships…
2.5m tonnes of US soya beans exported in containers in four months Read More »
Bunker availability continues to be tight in East of Suez ports, as pre-Lunar New Year bookings have put pressure on delivery schedules across most ports, stretching lead times for bunker fuels. Singapore’s very low sulphur fuel oil (VLSFO) bunker mark…
ENGINE: East of Suez Bunker Fuel Availability Outlook Read More »
The dry bulk market could be set for a sustainable rebound in the coming months and years, if the existing fundamentals are maintained. In its latest weekly report, shipbroker Intermodal said that “2020 the year from hell for the entire world, had ever…
Dry Bulk Fleet Down By 200 Units in 12 Months Read More »
The Sustainable Shipping Initiative (SSI) has published a white paper setting out sustainability issues and principles surrounding marine fuels under consideration for shipping’s decarbonisation. The paper, titled Defining sustainability criteria for z…
A recent judgment from the Commercial Court has emphasised the importance of accurate wording for letters of undertaking (LoUs), especially in relation to arbitration agreements and time extensions. A cargo damage claim in Lavender Shipmanagement Inc v…
Getting letters of undertaking right Read More »