This growing service now covers six routes and are assessed by a panel of independent shipbrokers, with assistance from an independent surveyor where necessary. We publish the information across three segments: LNG And LPG Freight . INTRODUCTION LNG refer to a natural gas that has been converted into a liquid form for the ease and […]
Archive for admin
Archive for admin
Archive for admin
07
Jan
Jan
Tanker routes & Indices
The Baltic Clean Tanker Index (BCTI) is a daily assessment of the tanker Freight Market for 34 key clean petroleum products routes approximating the product tanker market. The BCTI contains assessments for VLCCs, Aframaxes, Suezmaxes and Handysizes used to carry clean products. Freights are expressed in US dollars per ton with all calculations made via Tanker […]
25
Dec
Dec
What is BULK INDICES & Routes?
What is Bulk Index? They provide a way to monitor and compare the performance of vessels in different routes. The vessels are defined by their size, type and capacity which is why vessels are measured with the special Bulk Index. The vessels that sails on the route lose time loading/ unloading cargo to move from […]
12
Nov
Nov
Why vessels have a red color?
vessels have a red color [The History] till the 19th century, all ships were built from wood. Mid of half of the 1800s saw surpassing growth in the iron and steel industry, with iron and steel making its way into the shipbuilding industry. Sailboats were replaced by steam engines. The red colored hull story […]
04
Nov
Nov
Why we called she on vessels?
For centuries, sailors have used female pronouns when referring to their boats. It’s not just because of the respect they hold for them, either; the tradition goes back to ancient times when sea vessels were sometimes believed to be living things with souls that could give or withhold their favor. ship was called a she […]
30
Oct
Oct
Types of vessel sizes and Bulk Carriers
Mini Bulk Carrier • This type carried Dead weight tonnage “DWT” of such vessels is less than 10,000. • This vessel size have less than 5 Cargo Holds. • They typically carry minor or general cargoes. Small Bulk Carrier • This vessel size can carry Dead weight tonnage (DWT) of these vessels is between 10,000 […]
27
Oct
Oct
What is Tramp Shipping or chartering?
International Tramp Shipping started with the Phoenicians in Carthage, when merchants-chartered vessels for Mediterranean and North European trading. In Ancient Rome there was a vessel chartering market of sorts dealing in Egyptian grain prices on arrival at Ostia (Rome’s seaport). Tramp Shipping is a Subsidiary from Maritime & Logistics activity, The main players for this […]