ShippingWatch

John Fredriksen's bulk carrier expects huge rate fluctuations

In just three weeks, rates have more than tripled on the spot market for the large Capesize vessels, Golden Ocean CEO Birgitte Vartdal tells ShippingWatch. A Norwegian analyst firm estimates that rates for major bulk vessels could rise to over USD 40,000 in the second half of the year.

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Nordic shipowners see multiple problems with speed limit

Danish Shipping and the Norwegian Shipowners' Association think that there are many potential pitfalls in implementing a speed limit for vessels in order to reduce their greenhouse gas emissions. The discussion of a speed limit was instigated by the new ECSA chairman.

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