Tanker Fixture

Voyage from Voyage To Vessel Name Tonnes Rate Rate Unit Lay date Charterer Name Ara W.Africa King Douglas 60000 W88.5 Mar 16 Bp Uk Continent Mediternean Torm Saone 33000 W102.5 Mar 18 St Shipping Uk Continent US Gulf World Navigator 37000 W135 Mar 20 Global Us Gulf Mexico Sti Fontvieille 38000 200000 lumpsum Mar 14 … More Tanker Fixture

Dry Fixtures

Coal ‘Solar Breeze’ 2000 130000/10 Newcastle/Kemen 22/31 Mar $10.60 fio 45000shinc/25000shinc – Sinochart The vessel MV Solar Breeze (Built year: 2000) is sailing from Newcastle, Australia to Kemen, China at freight rate of 10.60$ per ton carrying 130000 tons of coal with a allowance of 10%. Lay day of the vessel commences voyage from 22nd … More Dry Fixtures

How transportation cost shapes the world?

Transport cost is one of the attribute which determines the line between the tradable and non-tradable goods. The GATT and WTO’s effort partly made an effect on the tariff cuts around the globe. The transportation cost is addressed as similar to the protectionist policy measures which acts as the anti-trade bias. The higher transportation cost … More How transportation cost shapes the world?

Protection and indeminity shipping insurance premium rise 2015 – a review

( Source : IMO – Convention on LLMC )   Protocol of 1996 Adoption: 2 May 1996 Entry into force: 13 May 2004   Under the Protocol the amount of compensation payable in the event of an incident being substantially increased and also introduces a “tacit acceptance” procedure for updating these amounts. The limit of liability … More Protection and indeminity shipping insurance premium rise 2015 – a review

How does the oversupply of the ship relative to demand continuous over the decade?

I started to analyse why supply and demand of the ship never attains the equilibrium. Around 2008, the EU abolished liner conference in order to make freight rates a free market.  But still they there was an underground work between shipping countries regarding freight rates. Around June 2013, Maersk , MSC & CMA CGM announced … More How does the oversupply of the ship relative to demand continuous over the decade?

Synchronised thinking in shipping Industry.

I learned the integral and synchronised thinking from apple computer. Apple computers from its inception had strongly believed integrating hardware and software end to end. Many firms have not believed in integrating hardware and software. It took several years for the apple to prove the world that what it have believed. I feel there is … More Synchronised thinking in shipping Industry.