“Assuming a significant increase in recycling of older ships and a reduction in average sailing speeds, we forecast that average market conditions in 2026 will be like those in 2025 but 2027 could see slightly weaker market conditions. We forecas…
Return to Suez Canal routings looms large over market outlook Read More »
As discussed in previous articles and reports, one of the defining drivers of the LR2 market in H2 2025 has been the transition from clean to dirty trading. Recent data show that this trend remains firmly in place as more than 50 additional LR2s are cu…
LR2s in the dirty market: how long will the shift last? Read More »
Our fascination with the depths of the ocean revealed itself in some of our most-read stories of 2025.What’s really down there? asked New Wave Media President Greg Trauthwein in his interview with Matt Grove, Regional Segment Manager Offshore at Seeque…
2025: Fascinated with Subsea Discovery Read More »
Venezuela on Thursday authorized two very large crude carriers (VLCC) to set sail for China, according to two sources familiar with Venezuela’s oil export operations, which would be only the second and third supertankers to depart the country since the…
Venezuela Authorizes Two Unsanctioned VLCCs to Depart Read More »
The Federal Maritime Commission acknowledges the service of the members of the National Shipper Advisory Committee (NSAC). Since October 2021, NSAC’s members have provided information and perspectives on conditions in the ocean freight delivery system.
Federal Maritime Commission Recognizes National Shipper Advisory Committee Members Read More »