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Capesize: The week started on a subdued note as Asia observed Lunar New Year holidays, all three major mining companies active in the Pacific, contributing to an upbeat sentiment despite minimal activity elsewhere.
Capesize: This week the capsize market has been marked by a mix of activities and challenges.
Capesize: The week began with a sluggish and quiet market in both the Pacific and Atlantic regions.
Capesize: A mild week for the Capesize sector saw rates trundling sideways with small pockets of encouragement.
Capesize: The Capesize market began the week at the summit of the recent rally.
Amid massive market uncertainty, BIMCO has analysed the potential implications of a pandemic for the commercial shipping markets and Chief Shipping Analyst, Peter Sand, will deliver the insights in a string of webinars in the coming weeks.
After the killing of General Qassem Soleimani by a US drone in early January 2020, and the following retaliation by Iran, BIMCO is publishing its view of the escalated tension in the Persian Gulf, as well as advice regarding the new sanctions clauses, and encourages owners, operators and charterers to follow the operational and contractual guidance set out in this article.
