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How will lower bunker prices affect the substantial overcapacity in the dry bulk market?

18 December 2014

As bunker fuel costs have come down from USD 600 per tonne to USD 330 per tonne over the past 6 months, there has been much talk about increased ship speeds. Some single voyage or single company estimates aim at supporting the reintroduction of higher speeds to generate higher revenue and potentially higher earnings. In reality, some of them may actually prove able to deliver on the promise.

BIMCO publishes two 2020 sulphur clauses

10 December 2018

BIMCO has published two sulphur content related bunker clauses which are now available on the BIMCO website and on SmartCon, BIMCO’s contract editing solution.