A fourth ship has reportedly been attacked in the Black Sea in an incident involving a bulker owned by the Bangladeshi government. Dryad Global said on Wednesday that the 38,894-dwt […]
The unfortunate events in eastern Europe are destined to affect shipping demand. For dry bulk, we believe the events should translate into an increased risk of volumes declining, most notably […]
European coal-to-gas switching prices now indicate that it will not be profitable for power plants to switch from coal to gas before April 2024, extending out from Q2 2023 last […]
The Port of Brisbane has been closed to all ship movements following heavy rains and flooding in the region, with vessels also directed to exit anchorages off the ports of […]
More than 300 merchant vessels are waiting to enter and exit the Black Sea amid Russia’s continued attack on Ukraine. There are 110 ships that have gathered outside the Bosphorus […]
The West’s concerted decision to isolate Russia from global financial affairs may be a good thing for dry bulk shipping, market experts said. The US and its allies on Sunday […]
Jinhui Shipping and Transportation posted a huge jump in profit last year as it didn’t repeat vessel impairment losses it had booked during 2020. The supramax specialist reported a net […]
Russian exports of crude, LNG and agricultural products face severe disruption after the US and its allies moved to block certain Russian banks’ access to the SWIFT international payment system. […]
Turkey’s foreign ministry formally labeled the Russian-Ukraine conflict as a war, opening the way for the government in Ankara to restrict moves of Russian war vessels through the Bosphorus. Turkish […]
Any illusions for a peaceful resolution in the current Russo-Ukrainian conflict evaporated on the 24th of February, as Russia’s invasion of its Eastern-European neighbor began in earnest. Whatever the outcome, […]
