The LPG shipping market has seen a boost in demand from China during 2023. In its latest weekly report, shipbroker Banchero Costa said that “global LPG (liquified petroleum gas) trade has been steadily recovering in the past two years, following a very…
China’s Demand Fuelling LPG Shipping Market Read More »
The resurgence in market rates for the VLCC AG-China route during the initial week of March was notable, primarily fueled by a tightening supply attributed to a significant drop in vessel activity in Ras Tanura compared to the peak observed at the end …
The IMO’s Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships 2009 (Hong Kong Convention) will enter into force on June 26, 2025. Whilst the ratification of the Hong Kong Convention is a positive development and…
Ironing out ship recycling wrinkles Read More »
Liner operators pay more as vessels speed up on longer journeys
Red Sea crisis triples EU carbon credit costs for container ships Read More »
Seesaw week ends in the green as FFAs lift sentiment
Capesize rates find new 12-week high and futures rise amid ‘tremendous amount of cargo’ Read More »