During July and into August, the dry bulk trades saw “dog days” and “summer doldrums” with a vengeance, however, stock analysts are upbeat in their outlook for the sector.
The Black Sea Grain Initiative Joint Coordination Centre (JCC) authorised two vessels to sail from Chornomorsk, one from Odesa and another to sail into Chornomorsk.
In further disruption to the supply chain vessels face being forced to divert from the Taiwan Strait as China launches large-scale, live firing military exercises in the key waterway.
Last week executives from the Singapore shipping community gathered to celebrate the prize winners for the Institute of Chartered Shipbrokers (ICS) examinations.