Sempra Signs Contract with Bechtel to Build Port Arthur LNG Phase 2
U.S.
Sempra Signs Contract with Bechtel to Build Port Arthur LNG Phase 2 Read More »
July 2024
UK blacklists 11 tankers as Europe steps up efforts to disrupt shadow fleet
Vessels include some linked to sanctioned Dubai-based ship manager and Russian state carrier Sovcomflot
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Ton Mile Demand Growth to Propel Tanker Market Forward
The tanker market is expected to benefit from further growth in ton-mile demand. In its latest weekly report, shipbroker Xclusiv said that “the International Energy Agency (IEA) has reported a significant slowdown in global oil demand growth, with the …
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Dry bulk newbuild contracting fell 34.2%, despite a strong market
“During the first half of 2024, newbuild contracting in the dry bulk sector fell 34.2% y/y despite favourable market conditions. A 6.5% y/y increase in prices could be deterring contracting, yet in the second-hand market, where prices rose 15.2% y/y, t…
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Dry Bulk Market: Ukrainian Grain Shipments to all Destinations
This week’s chart illustrates the increase in the monthly volume of Ukrainian grain shipments during the first half of this year (left chart), following Russia’s withdrawal from the Black Sea Grain Initiative in the summer of 2023. Despite …
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