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  1. #1
    Guru
    Join Date
    Sep 2009
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    Quote Originally Posted by Ferg View Post
    SBLK are into shipping; the forward shipping rates are strong and capacity is growing slower than demand. Look at the shipping rates in the Black Sea at the moment. Super profits are here for a wee while yet.
    Ouch Ferg. I'm not sure Lloyds are insuring any shipping in the Black Sea at the moment?
    https://www.theguardian.com/business...oyds-of-london

  2. #2
    DFABPCLMB
    Join Date
    Jul 2020
    Posts
    728

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    Quote Originally Posted by kiora View Post
    Ouch Ferg. I'm not sure Lloyds are insuring any shipping in the Black Sea at the moment?
    https://www.theguardian.com/business...oyds-of-london
    Tis but a scratch.....! But seriously yes that is an issue for companies operating there. I saw an article the other day (which I can't find) that had daily rates go from $10k to over US$170k. This article suggests even higher values:
    https://www.bloomberg.com/news/artic...er-rates-surge

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