Cape T4

Global Shipping Operations Struggle To Resume With Intermittent Restrictions

  • Normal trade operations struggle to resume with the coronavirus-induced restrictions. 
  • Regular crew change process now turned a lengthy, complicated and a costlier process.
  • Charterers demand “no crew-change” clause.
  • Operations affected as crew change rules are not uniform across all ports.
  • Maritime insurers are extending the validity of these PEME certificates.
  • Personnel who “sign-off” at one port finds it difficult to return to their country of origin.

A natural and regular transition from...

https://mfame.guru/global-shipping-operations-struggle-to-resume-with-intermittent-restrictions/

Platts Unveils Cape T4 Parallel Ship Indices With Huge Spread

  • Ships with scrubbers can continue to use cheaper 3.5% sulfur high-sulfur fuel oil (HSFO).
  • Platts Cape T4 Index is a weighted average of time-charter equivalent (TCE) assessments of four roundtrip voyages by so-called Capesize vessels.
  • Cape T4 index implies that the earnings spread on November 1 is $4,943 per day to the advantage of scrubber-equipped Capesizes.
  • The spread is $4,302 on the China-Australia dual indices and $5,374 on the China-Brazil indices.
  • The dollars-per-day spread between the...

http://mfame.guru/platts-unveils-cape-t4-parallel-ship-indices-with-huge-spread/