Severe drought grounds barge traffic on Mississippi River
Water levels on major US waterway reach lowest points since 1988, barge operator says
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October 2022
Letters of Credit Hampering the Ship Recycling Market
The ship recycling market continues to be plagued by the letter of credit issue, which has taken a toll on some yards in the Bangladeshi market. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “another quiet week has been witne…
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Clarksons: Record Number of Alternative Fuel Capable Newbuildings Ordered in 2022
As emissions regulatory and policy decisions continue to “ramp up” across maritime, Clarksons Research is closely tracking uptake of “green” technology that will impact the shipping industry’s 851mt (2021: 822mt, 2008: 1,0…
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Shipping Confidence Drops From Historic Highs
The last time we took the Shipping Confidence survey to market, Russia had not yet invaded Ukraine. This edition of the Shipping Confidence Report should reflect the impact of the conflict on the shipping industry. In fact, there has been a small drop …
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Ardmore chief: Product tanker rates could triple in reshuffle of Russian oil trades
Refiners have money to spend on tight shipping tonnage after reaping significant profits from cut-price Russian crude
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