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Results for:AUSTWHEAT 1990
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United Kingdom, England - Wales, Salt End - Vessel Traffic Services
27 February 2018Payment of hire - NYPE 46
08 March 2019Although the New York Produce Exchange Charter Party 1946 (hereinafter “Nype 46”) is probably the most widely used time charter party form still, it is not a very good form in this day and age. It dates back to 1946 and readers will agree that quite a few things have changed since then! However, it would be naive simply to ignore it.
Life after death in the Sales & Purchase markets
14 November 2010Following the ultimate Sales & Purchase peak in 2007 where vessels valued at USD 40 billion were traded, the last 4 months of 2008 and most of 2009 were comparable sinkholes. Now the secondhand markets are on the rise again and on course to hit a total sales value of USD 20 billion for the full year comprising the three main segments, dry bulkers, tankers and container ships. This represent a rise in sales value equal to almost 60% y-o-y, up from USD 12.7 billion in 2009. With only 10% more ships traded – the secondhand value of the fleets have considerably surged.
Container shipping: a year where fleet growth and demand growth are the same
21 February 2018What will the future bring? Overall demand growth is expected to be lower than in 2017, but still high enough to potentially improve the fundamental market balance.
United Kingdom, England - Wales, River Humber - Vessel Traffic Services
27 February 2018Tanker Shipping - Record high global oil demand not enough to create sustainable rates.
09 October 2011Global oil demand has never been higher, despite recent revisions. Demand is driven by growth in Asia, the Middle East, Latin America and FSU, while requirements in North America and EU are contracting in 2011 as well as in 2012. The IEA has revised down its demand outlook by 0.2 million barrels per day (mb/d) for 2011 to reach 89.3 and by 0.4 mb/d for 2012 to reach 90.7. Growth outlook now stands at a modest 1.1% in 2011 and 1.6% in 2012.
