Dirty tanker spot freight rates moved higher across the board in October, OPEC said in its latest monthly report. VLCC spot freight rates showed further gains, building on the previous month’s surge. Gains were driven by higher demand on long-haul rout…
Tanker Spot Market on the Rise During October Read More »
The dirty tanker market continues to ride strong momentum, supported by a surge in oil on water, a divergence between laden and ballast speeds, and an uptick in long-haul voyages heading East. At the forefront of this strength are the VLCCs, which rema…
Is the dirty tanker rally coming to an end? Read More »
Reactivity and volatility are the new constants of the dry bulk market, driven by rapid-fire news and uncertain policy decisions, according to a recent Baltic Exchange Forum. A panel at the Baltic’s Dry FFA Forum in Geneva, moderated by Ben Goggin, FFA…
Ramp up of market responsiveness Read More »
Plus, the impact of microgrids on shipping and Everllence says its ammonia engines are now for sale
Has Iran captured an innocent tanker? And why 2026 will be a bleak year for shipping Read More »
Liner giant firms up deal for 10 ultra-large, LNG dual-fuel newbuildings
CMA CGM signs order as it sees ‘no alternative’ to massive expansion Read More »