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Capesize declines drag Baltic index to worst week in over 3 months

, May 14, 2021, 0

The Baltic exchange’s main sea freight index fell on Friday and registered its worst week in more than three...

Dry bulk capesize freight rates breaking a record high on the back of strong start 2021 cargo loading volumes

, May 14, 2021, 0

The dry bulk index keeps its increasing trend driven by buoyant sentiment in dry bulk capesize freight rates. The...

Who’s in breach?

, May 14, 2021, 0

In the case of A v. B EWHC 793 (Comm), the seller under a sale contract jumped the...

Iron ore exports in low gear over January-April, need to ramp up: Platts Analytics

, May 14, 2021, 0

Most major iron ore producers fell behind on their export guidance on an annualized basis over January-April which, along...

Great Eastern Shipping Company acquires secondhand Supramax Bulk Carrier ‘Jag Rajiv’

, May 14, 2021, 0

Great Eastern Shipping Company has taken delivery of a 2013 built Japanese secondhand Supramax Bulk Carrier Jag Rajiv of...

Drewry: World Container Index Up 4.7% During the Past Week

, May 14, 2021, 0

Drewry’s composite World Container index increased 4.7% or $255 to $5,726.99 per 40ft container. Our detailed assessment for Thursday,...

Brazil’s Vale set to receive first-ever wind-powered ore carrier

, May 14, 2021, 0

Brazilian miner Vale expects to receive in coming weeks its first-ever mineral transport ship propelled in part by sails,...

China will have to do more if it wants to cool iron ore surge

, May 14, 2021, 0

If China wants to temper the red-hot iron ore and steel sectors it’s likely going to have to do...

Actions carried out by the AMP ensure that seafarers on Panamanian flag vessels and their nationals on foreign flags return to their homes

, May 14, 2021, 0

The Panama Maritime Authority (AMP) communicates that the actions taken to safeguard the labor rights of the eight (8)...

Danfoss Editron joins forces with Taiwanese government institute to accelerate marine electrification

, May 14, 2021, 0

Danfoss Editron and the Ship and Ocean Industries R&D Center (SOIC) have partnered to launch the Green Energy Application...

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WEEK SUMMARY TITLES

Capesize declines drag Baltic index to worst week in over 3 months

, May 14, 2021, 0

The Baltic exchange’s main sea freight index fell on Friday and registered its worst week in more than three months, weighed by a dip in the capesize segment. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, fell 138 points, or...

Dry bulk capesize freight rates breaking a record high on the back of strong start 2021 cargo loading volumes

, May 14, 2021, 0

The dry bulk index keeps its increasing trend driven by buoyant sentiment in dry bulk capesize freight rates. The capesize freight market has been trading strongly since the beginning of April to reach levels not seen in the past decade. The capesize 5TC opened last week at $40,608/d, peaked...

Who’s in breach?

, May 14, 2021, 0

In the case of A v. B EWHC 793 (Comm), the seller under a sale contract jumped the gun and found themselves in breach when they purported to terminate the contract prematurely on the ground that they (mistakenly) considered the buyer was in repudiatory breach. Parties in a...

Iron ore exports in low gear over January-April, need to ramp up: Platts Analytics

, May 14, 2021, 0

Most major iron ore producers fell behind on their export guidance on an annualized basis over January-April which, along with a slow start to May, indicates potentially ongoing weak supply in 2021, according to S&P Global Platts Analytics. Brazil’s Vale shipped 80.9 million mt over the first four months...

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