Ships’ Recycling Market Heating Up

Wed, 30 Jun 2021 21:00:59 +0000 The demolition market remains rather lively, as more tonnage has been sold for scrap. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “after last week’s further strengthening in price levels, some in the...

Dry Bulk Market Looking for Next Rally

Mon, 05 Jul 2021 21:00:59 +0000 The dry bulk market is expected to post additional gains in the weeks to come, thanks to a growing list of positive fundamentals. In its latest weekly report, shipbroker Intermodal said that “the strong freight performance since the...

Where’s my crude oil?

Fri, 02 Jul 2021 21:00:57 +0000 In BP Oil International Limited v. (1) Vega Petroleum Limited & (2) Dover Investments Limited [2021] EWHC 1364 (Comm), the Court held that what was stated expressly and clearly to be an FOB sale contract for crude oil was just such...