Ton-mile demand in the tanker market could be gearing up for a rebound in the coming months. In its latest weekly report, shipbroker Gibson said that “American crude production has gone from strength to strength in recent years, despite a recent slowdo…
Tankers: Ton-Mile Demand Could be Set for an Increase Read More »
Capesize The Capesize market faced a persistent downturn this week, with the Baltic 5TC declining daily to end at $15,395, down $2,779 from Monday. In the Pacific, limited mining demand early in the week led to a softening in the C5 route, hindered by …
Dry Bulk Market: Capesizes Faced Downturn Last Week Read More »
Maritime communications came a long way before they could deliver the first Global Maritime Distress and Safety System (GMDSS), but it is fair to say that their forward march has only accelerated in the two-and-a half decades since. Today, shipping com…
Maritime LEO Networks Read More »
Membrane tank designer believes up to 85 LNG carriers required to meet demand from under-construction liquefaction projects
Yard slots for LNG carriers set to climb towards 100 per year starting in 2028, GTT says Read More »
Demand for Australia’s iron ore has been on the rise, with China leading the pack. In its latest weekly report, shipbroker Banchero Costa said that “2023 was a very positive year for global iron ore trade. In Jan-Dec 2023, global loadings of iron ore i…
China Leading Rebound in Demand for Australian Iron Ore Read More »