The average exchange rate of Japanese yen against the U.S. dollar during the first six months appreciated by ¥0.08 year on year to ¥109.39. The average bunker price during the same period fell by US$19/MT year on year to US$438/MT. As a result of the above, we recorded revenue of ¥574.3 billion,...
https://www.hellenicshippingnews.com/mitsui-o-s-k-lines-expects-firm-dry-bulk-market-moving-forward/
First delivery of 0.50% sulfur fuel was made last week at the port of Kandla.
Shipping is a major contributor to global carbon emissions. The sector today is responsible for 3 per cent of global greenhouse gas emissions and 9 per cent of transport related emissions and this figure will rise significantly as trade volumes increase. If no mitigation action is taken, maritime...
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell on Thursday, weighed down by lower demand for capesize vessels. The Baltic index, which reflects rates for capesize, panamax and supramax vessels, fell 51 points, or 2.9%, to 1,731. The...
https://www.hellenicshippingnews.com/baltic-index-falls-on-softer-capesize-demand/
Free to read: Fuel change likely to generate insurance claims, say clubs | Viewpoint: Getting what you pay for |…
https://lloydslist.maritimeintelligence.informa.com/LL1129734/DailyBriefingNovember12019