Most of the existing fleet of bulk carriers, tankers and containerships should focus attention on seeking “tangible technical and operational measures” to reduce greenhouse gas emissions. An analysis on the […]
Belships has continued its strategy of fixing its bulkers on time charters by fixing four vessels on period contracts of around two years. The contracts have been fixed at an […]
Data released today shows China’s industrial production in May increased on a year-on-year basis by 0.7%. This is a significant improvement from the 2.9% year-on-year contraction seen in April. Also […]
Data released today shows China’s coal production totaled 367.8 MMT in May. This is up month-on-month by 5 MMT (1%) and is up year-on-year by 41.5 MMT (13%). Coal-derived electricity […]
Seven days of strike action by South Korean truckers is causing severe disruptions to the country’s supply chains. The Cargo Truckers Solidarity union is calling for minimum pay guarantees amid […]
Disruptions to coal trade flows mean that capesize spot rates will not see sudden spikes later this year but steady rises, according to John Michael Radziwill. Meanwhile, the CEO of […]
An ESL Shipping handysize bulker has delivered the first seaborne grain cargo shipped from Ukraine since the country was brutally invaded by Russia on 24 February. The Finnish owner’s 20,500-dwt […]
The dry bulk sector showed a glimmer of hope on Tuesday after falling steadily for two weeks to a two-month low. The Baltic Dry Index (BDI), which serves as a […]
The US House of Representatives yesterday voted overwhelmingly in favor of the Ocean Shipping Reform Act (OSRA), which will see the powers of regulator, the Federal Maritime Commission (FMC), greatly […]
President Joe Biden’s decision to publicly call out foreign liners last week as one of the main sources of the severe inflation in the US has earned a swift rebuke […]
