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Dry cargo market report dated 3 January 2020

06 January 2020

Panamax: As the new calendar year begun and bunker fuel legislation came into effect, rates remained severely under pressure in most areas. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry indices.

Dry cargo market report dated 20 December 2019

02 January 2020

Capeszie: The Capesize market this past week has been attempting to recalibrate itself in consideration of weakening freight levels and increasing IMO bunker costs.  The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry indices.

Is on board fuel blending allowed?

20 December 2019

The fuel oil carriage ban from the International Maritime Organization (IMO) that will come into force on 1 March 2020 has prompted questions regarding the possibility of blending fuel on board ships to achieve compliance. Here, BIMCO offers its view on the regulatory aspects of whether on board blending can be considered compliant.