Danske Bank: Dry bulk will dodge the drama seen in 2015
According to Danske Bank the beleaguered bulk carriers should not fear a repeat of the dramatic fourth quarter of 2015 in which the bottom went out of the market. This year, the upturn in Capesize will continue, projects the bank.
BY JOHANNES HARTKOPF-MIKKELSEN
2016 will see a rather less dramatic conclusion for bulk carriers than 2015, where a deep rate plunge stripped eliminated 25 percent of ship asset values in the fourth quarter alone, projects Danske Bank in a brand new market forecast.
CII: IMO’s new climate regulation, CII, is liable to undermine its own intentions, German carrier Oldendorff warns. CII fails to view situation in its entirety, which may lead to an increase in emissions.
CII: Although a new legal clause places the responsibility and bills for poor climate ratings with operators and carriers, this has not altered Seaspan’s negotiations with customers, the major shipowner tells ShippingWatch.