The Baltic Exchange’s main sea freight index that tracks rates for ships ferrying dry bulk commodities fell on Monday to its lowest since mid-March, as rates dipped across vessel segments. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, was down 16 points, or 0.7%, to 2,162, its weakest since March …
Baltic index at near 2-week low as vessel rates ease Read More »
IHS Markit’s experts weighed in, regarding the impact from the latest setback in the global trade flows from the Suez Canal blockade. Greg Knowler, senior European editor at JOC (Journal of Commerce) by IHS Markit: “Even once the Ever Given is out of the way and the convoys resume, it will still take many days …
Shippers are facing increasingly difficult negotiations over long-term contracted rates in a market described as nothing less than “red hot”. Rates climbed by a further 2.2% in March, consolidating gains of 9.6% in February and 5.9% in January. The findings, disclosed in Xeneta’s latest XSI® Public Indices report, mean that container ship operators are currently …
Xeneta container rates alert: carriers flex financial muscles as rates climb continues Read More »
There are currently around 30 tankers above 25,000 dwt waiting to cross the Suez Canal. We expect most vessels in ballast will decide to wait until the situation clarifies and, if fixed on a charter party, will likely get cancelled by charterers through protection clauses related to missing agreed upon laycan dates. This will no …
Suez Canal disruption: Analysis of impact on tanker market by Signal Group Read More »
All members of the crew on board the containership Ever Given, which is wedged diagonally in the Suez Canal in Egypt since March 23, are Indians, the maritime solutions provider in charge of technical management of the vessel said on Saturday. “All 25 crew are safe and accounted for and they remain in good health …
El número de buques equipados con depuradores de gases de escape (scrubbers) casi se ha duplicado desde que entrara en vigor el nuevo límite de 0,5% de azufre en los combustibles marinos hace 15 meses, el 1 de enero de 2020. Según cifras publicadas por BIMCO, se ha pasado de 2.011 buques con scrubbers a …
Se duplican los buques equipados con scrubbers desde la entrada en vigor del IMO2020 Read More »
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Subsea robotics design and manufacturing specialist Soil Machine Dynamics (SMD) has delivered a multi-million-pound upgrade to the SeaRex trenching vehicle for the Italian cabling giant Prysmian. SeaRex trenching vehicle (Courtesy of SMD) SMD delivered two new cassettes for the upgraded BT2100 SeaRex tracked vehicle, including a wheel cutter and a chain cutter, enabling the trenching …
Able Seaman for TankerRequires Able Seaman with Oil Tanker experienceTHE DURATION OF THE CONTRACT WILL BE FROM THE 1ST OF MAY TILL END OF JULY – A 4 MONTH’S CONTRACT Interesados: crewing@rs-shipping.com
