A significant fall in oil demand is bound to hit the tanker market in the months to come, wiping out the “buffer” that the market managed to build over the past few months, through a rally in freight rates. In its latest weekly report, shipbroker Allie…
Tanker Market: Worst is Yet to Come Read More »
It is too early to gauge the full economic and trade effects of the Coronavirus outbreak. However, shipping data, based on real-time observations of vessel positions (AIS) and information about the cargoes aboard those ships, already shows a change in …
Short-terms effects of the coronavirus outbreak: what does the shipping data say? Read More »
When it comes to choosing the best fuel on the near horizon to help the international shipping industry shrink its carbon intensity by 2050, DNV GL is not shy in coming forward in its support of liquefied natural gas (LNG). Speaking to Baltic Briefing,…
Solid backing for LNG as a marine fuel Read More »
Shares of U.S. cruise operators sunk on Thursday after the Grand Princess ocean liner, owned by Carnival Corp, was barred from returning to its home portof San Francisco on coronavirus fears after at least 20 people aboard fell ill.Shares of Carnival…
Coronavirus Sinks Cruise Stocks Read More »
Pacific Merchant Shipping Association president John McLaurin told Lloyd’s List that ‘because of the coronavirus, cargo volumes are down; vessel…
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California blocks cruiseship as coronavirus hits port business Read More »