The outbreak of a novel coronavirus, or the “Wuhan” virus after the name of the Chinese city in which the first cases were identified, is dominating headlines all over the world. The new virus is a member of the coronavirus family and, like other coron…
The New “Wuhan” Coronavirus – Issues and Effects in the Shipping Market Read More »
Capesize The market endured heavy losses throughout the past week, with the Capesize 5TC dropping from $8,352 to $4,772. In the lead up to Chinese New Year it became quickly evident positions had been managed the week before leaving only minimal loose …
Dry Bulk Market: Capesizes Still Under Heavy Pressure Read More »
The shipping industry has been looking forward to a trade deal between the US and China for quite some time now. As a result, the latest positive development is expected to boost the fortunes of both the dry bulk and the tanker markets, but also to inc…
Shipping Is Looking to Benefit from the US-China Trade Agreement Read More »
Container shipping: Despite the uncertainty, we expect the market to continue in much of the same manner in 2020 as it did in 2019. Lines will remain price-takers as the supply-demand fundamentals will work against them although they should be able to …
In the race to take first place in the competition for shipping’s best alternative to high sulphur fuel oil, much has been made of the advantages of liquefied natural gas (LNG). Rather less noise has, however, been made about its heavier cousin, liquef…
Make room for LPG as a marine fuel Read More »