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Wednesday, 05 February 20
CORONAVIRUS AND THE SHIPPING INDUSTRY - WATSON, FARLEY & WILLIAMS
Watson, Farley & WilliamsThe continued spread of Coronavirus and governmental measures to minimise the impact is likely to affect the shipping industry and supply chain.
 
For those with vessels being built or under repair, it might lead to delays in deliveries or a reduction in available manpower. It might also hamper specialist engineers travelling to ship yards.
 
It is important to consider force majeure clauses and whether those provisions exist consistently throughout a series of charters or contracts.
 
Owners with vessels currently trading in regions affected should carefully consider any safe port and quarantine provisions, without forgetting the relevance of crew employment agreements.
 
It is difficult to determine the size or impact of the “Public Health Emergency”, however it is worth considering what exposure exists and seeking to enter commercial discussions with your counterparts at an early stage to help prevent disputes occurring later.
Source: Watson, Farley & Williams


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Saturday, 18 January 20
GERMAN STEAM COAL IMPORTS IN 2019 PLUMMETED BY 17 % - COAL IMPORTERS ASSOCIATION
Press Release: According to preliminary calculations by the German Coal Importers Association (Verein der Kohlenimporteure e. V.), world trade in h ...


Saturday, 18 January 20
A 61,400 DWT FIXED FROM SOUTH EAST ASIA DELIVERY EAST KALIMANTAN REDELIVERY WEST COAST INDIA IN THE LOW $7,000S - BALTIC BRIEFING
Capesize The market was relatively stable over this past week putting an end to the past months of more extreme declines. While the Capesize 5T ...


Friday, 17 January 20
EIA ESTIMATES THAT U.S. COAL PRODUCTION DECLINED BY 65 MMST (9%) TO 690 MMST IN 2019. IN 2020, COAL PRODUCTION WILL DECLINE BY A FURTHER 14% TO 597 MMST
U.S. Coal Supply.  EIA estimates that U.S. coal production declined by 65 million short tons (MMst) (9%) to 690 MMst in 2019. In 2020, EIA ...


Friday, 17 January 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.   The Bohai-Rim Steam-Coal Price Index, a gauge of coal p ...


Thursday, 16 January 20
SUPRAMAX: INDO/CHINA ROUND VOYAGE FIXING AROUND LOW/MID USD 6,000 BSS APS INDO - FEARNLEYS
Capesize Still very rough seas for the big ships, with the majority of the fleet trading Far East or fronthaul and consequently earning far les ...


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