Antwerp and Zeebrugge ports agree to merge
Belgium’s major ports of Antwerp and Zeebrugge have agreed to merge. The two cities say the combined Port of Antwerp-Bruges…
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February 2021
A Shifting Refinery Landscape Could Lead to New Tanker Routes
Chinese refiners are expected to take the global lead in the coming years, capacity-wise. This dominance could lead to new trade patterns in the crude tanker market. In its latest weekly report, shipbroker Gibson said that “the crude oil sector has exp…
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Capesize Market Quietens Down
Capesize The market was predictably quiet by the end of the week with many traders absent for the beginning of Chinese New Year. The Capesize 5TC registered a token drop of eight to settle at $10,304 as minimal trading was heard. It’s said to be a diff…
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Why are LNG shipping stocks retreating after a brief surge?
With the softening of peak LNG winter demand in Asia, we believe the spotlight is back on supply and demand fundamentals of LNG shipping. LNG spot prices have nosedived after surging in December and early January as winter demand is receding. LNG spot …
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Naval Postgraduate School adds Xerox ElemX 3D Printer
The Navy is a step closer to achieving the vision of being able to fabricate parts on demand. Xerox and the Naval Postgraduate School (NPS) have announced a strategic research collaboration to advance 3D printing and additive manufacturing.As…
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