Capesize Market Bounces Back After Dismal Start to the Week
14.06.2021The Capesize market leapt up in the latter part of the week, erasing most of the losses since the closing week of May. The Capesize 5TC opened the week with a relatively paltry $20,933, took some moderate losses early in the week to $19,845 before rebounding strongly to close out the week at $27,752.
learn more →Costamare’s Bond Issue Shows That Financing Can Be Found, but Scale is Ever More Important Today.
08.06.2021With financing being harder to raise, ship owners are actively looking at alternative sources of capital raising. Costamare did so by raising 100 million euros in unsecured bonds through the Athens Stock Exchange.With financing being harder to raise, ship owners are actively looking at alternative sources of capital raising. Costamare did so by raising 100 million euros in unsecured bonds through the Athens Stock Exchange.
learn more →Ship Recycling: Are High Prices Off the Table?
02.06.2021The latest developments in the ship recycling market suggest that the period of high offers presented by yards to ship owners are a thing of the past.
learn more →Skuld’s IMO 2020 sulphur cap experience.
25.05.2021More than a year has passed since the International Maritime Organization (IMO) mandate for the 0.50% sulphur cap for marine fuel (MARPOL Annex VI) came into force. The regulation orders ships to only use marine fuels with a sulphur content of no more than 0.50% sulphur.Skuld’s IMO 2020 sulphur cap experience
learn more →Dry Bulk Market: Is the Momentum Sustainable This Time Around?
18.05.2021Despite last week’s setback, the dry bulk market continues to impress with its strong trajectory since the onset of this year. In its latest weekly report, shipbroker Allied Shipbroking said that “now, reaching close to halfway through the 2nd quarter of the year, the current orbit in freight earnings is far from just an “atypical” bullish start, pushing somehow many market participants to become even more enthusiastic and “hungry” for fresh business opportunities.
learn more →The Green Revolution Could Be a Boost for Product Tankers
10.05.2021Product tankers operating in Europe could receive a welcome increase in demand, as a result of the “Green” revolution underway in the continent. In its latest weekly report, shipbroker Gibson said that “there is no doubt that the green revolution is underway and arguably Europe is its epicentre.
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