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Wednesday, October 21, 2020

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Perihelion

Posted to Maritime Musings (by Dennis Bryant) on January 4, 2011

The whoosh you experienced at about 1900 UTC on Monday, January 3, 2011 was the sun passing by on its closest approach to the Earth – a mere 91,402,505 miles away. This recurs every year, often at night when it can’t be observed. The date and…

Carriers warn Vale's big bulkers will dampen rates

Posted to Far East Maritime (by Greg Knowler) on December 9, 2010

The dry bulk shipping business is going through a tough time. It is an incredible 80 percent down on the market peak in May 2008, and rates have led carrier operators on a wild and volatile ride ever since. The industry is currently oversupplied with bulk carriers…