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Bad bunker risk will rise in 2020: Bunker states must take action

04 September 2018

Recent reports of a rise in fuel contamination cases have increased the industry’s concerns over quality and safety of blended fuels as 2020 approaches. And for a good reason. A spike in demand for new low sulphur blends from 1 January 2020 will greatly increase the risk of contamination. Lars Robert Pedersen, Deputy Secretary General of BIMCO calls for bunker states to take responsibility.

Dry cargo market report dated 26 June 2020

29 June 2020

As the halfway mark of 2020 arrives, the capesize market is making new highs for the year. From persistent lows earlier caused by a barrage of negative factors, the capesize 5TC market has outperformed in spectacular fashion to now reside at $29,641. 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.

Tanker market report dated 19 June 2020

22 June 2020

As we near the halfway point of 2020, it seems like an impossible task to summarize everything that has transpired over the past 6 months. Even events which were considered major at the time now seem like a distant memory. Weekly tanker market report by Gibson Shipbrokers.