SGX targets shipping with new ammonia futures contracts
Fuel has the potential to play a key role as an alternative power source for the maritime industry, says SGX
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October 2023
Tankers: The Effect on Dollar’s Strength Could Be a Bearish Sign
The tanker market could face headwinds from the dollar’s strength and the effect this can have on oil demand. In its latest weekly report, shipbroker Gibson said that “as the oil market contends with growing supply tightness until at least the end of 2…
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Dry Bulk Market: Capesize Market on the Rise
Capesizes Throughout the week, the cape market has displayed remarkable resilience and positivity, defying challenges such as holidays in the Far East. The Pacific market saw strong activity at the beginning of the week, with increasing rates and well-…
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Euronav – A move to end the current deadlock
The recent announcement from Euronav NV (EURN) and Frontline PLC (FRO) following the speculations last week regarding a potential deal indicates that two key shareholders of EURN – Compagnie Maritime Belge (CMB) and FRO are in the advanced stages…
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Anschütz Delivers Navigation Systems to Multi-Purpose Vessels
Anschütz is delivering advanced, customized integrated bridge systems (IBS) to three multi-purpose vessels for the German Waterways and Shipping Administration (WSV) built by Abeking & Rasmussen (A&R).The vessels will run exclusively on LNG…
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