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Last updateΣαβ, 05 Απρ 2025 6am

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Liner Reliability Set to Decline in 1Q14

maersk-containerLiner shipping is becoming less and less reliable as operators ignore service standards in the rush to cut costs. The bad news for shippers is that the situation is only going to get worse, according to Drewry's newly published Carrier Performance Insight report.

Weekly Drycargo Shipping Technical Analysis

panamax-5346Weekly closing 1110. The main comments last week fully stand. Technically there is not even a slight sign of reversal in attached candlestick chart .In just one month Index declined about 55 pct, (Yday was also Monthly closing and quite devastating indeed as far as technicals are concerned).

Drycargo Shipping Technical Analysis -Weekly closing 1246

Capesize bulkerLooks like we are aboard a ship and master (captain) has given an order to the engine room, for ''full spead astern'', (όπισθεν ολοταχώς), via the engine room telegraph apparatus which situated at all ships' bridge.

Drycargo Shipping Market (BDI) - Technical Analysis

capesize-09Weekly closing 1512. Current situation reminds me a Greek saying: ''Mehri na poume doxa soi o Theos, xanarhizoume to Panagia voitha'', (We are almost ready to say ''Thanks God'', but we say ''please God help us again''). Capesizes' drop is something more than dramatic. There is abs a panic in the market with heavy selling on FFA contracts. Major Charterers hv completely vanished from the market. Panamaxes/Supras/Handies, stormy weather hv caused a lot of delays at ports.

China: Fish Farms and Navigation around Lanshan Port, Shandong Province

csm 844 - Map 645c91b3fbThe London P&I Club, together with most of the I.G. P&I Clubs, has issued the following advice on the above matter: "Members calling at Lanshan Port in Shandong Province, China, will already be aware of the need for Masters to ensure that they are careful when navigating around the Port, in order to avoid contact with the many fish farms and potential claims arising as a consequence.

Argentina: Customs Fines in Parana River Ports

port-of-San-NicolasThe West of England P&I Club has issued a news alert regarding customs fines in Parana River Ports. An entered vessel was recently subjected to a search by the customs authorities in the nearby port of San Lorenzo. The customs search team discovered that five cargo grabs and a number of other items had not been declared on the vessel's stores list. Due to the value of the cargo grabs customs decided to focus on this equipment as the basis for a possible fine.

Iran Sanctions: Update

iran sanctionsAs is known, the Geneva Agreement amongst the P5+1 (the United States, United Kingdom, Germany, France, Russia, and China, facilitated by the European Union) and Iran, is an interim one that will remain in force for the next six months. It provides some limited, temporary, targeted and reversible/revocable relief to Iran in exchange for significant concessions by Iran regarding its nuclear enrichment program. The overwhelming majority of the sanctions regime will remain in place and continue to be vigorously enforced, and may be more accurately analysed as a "freezing" of sanctions rather than a reduction in their scope.

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