Dry bulk market marked by sharp divergence of views
Maritime Strategies International (MSI), an independent research and consultancy firm, has forecasted a rebound in freight rates during Q4 2016 for Capesize and Panamax segments, largely driven by an...
View ArticleDry bulk commodities gripped under the spell of metallurgical coal’s renaissance
It‘s hard to imagine metallurgical coal exerting much influence on other commodity markets. But when the price of a commodity quadruples in slightly over 10 months, its clout amplifies. A range of...
View ArticleZombies or revenants: Who will roam the shipping market in 2020?
Now, if someone, who was long considered dead is suddenly walking around, it is not necessarily a miracle of biblical proportions. So before you raise your hands in joyful prayer for the holy revenant,...
View ArticleContainer Index Revolution: Should it be embraced by carriers?
It is a fact that the wind of change does not smell the same to everyone. There are clear signs that the container industry is slowly creaking towards using price indexes in contracts, but some of the...
View ArticleHow does IMO bunker fuel reform add up for consumers?
The shipping industry looks set to be shaken up by the International Maritime Organization’s decision to cut global bunker sulfur limits to 0.5% in 2020. Most operators will be forced to buy cleaner,...
View ArticleIMO 2020, a shipping regulation that may reshape global coal trade
It is not uncommon for people in various commodity sectors to believe that their markets exist in some kind of a happy bubble, where only the obvious supply and demand forces or targeted regulations...
View ArticleGaspirations: In pursuit of an LNG freight derivatives market
The commoditization of the global LNG market has had implications across several associated industries, ranging from the gas-fired power sector to seaborne gas transportation. Hence, it came as no...
View ArticleWhy the container industry needs to replace BAF with a new pricing tool
The container industry has an elephant in the room. It’s big, smelly and has some serious boundary issues. Its name is the Bunker Adjustment Factor and recently it has grown so large that market...
View ArticleThe dry bulk freight market: Just treading water?
A decade has passed since the 2008 dry bulk freight rates began a long downturn which coincided with the Financial Crisis and culminated with a historic low in January 2016. And while many are...
View ArticleThe great scrubber conundrum
It’s been six months since my last 2020 dispatch. Since then, I’ve spent time at major industry gatherings in London (IP week) and Athens (Posidonia) and yet I’m just as uncertain about 2020 as I was...
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