Teekay Tankers delivers its best-ever quarter. The next one is looking nearly as strong
Third-quarter suezmax rates are almost at record levels
Teekay Tankers delivers its best-ever quarter. The next one is looking nearly as strong Read More »
July 2026
Ship Recycling Still Subdued
The ship recycling market has remained subdued over the course of the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian ship recycling market remained subdued during the week, …
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Dry Bulk Shipping: El Niño to act as a new demand shock BIMCO says
“Uncertainty over the Strait of Hormuz remains central to the outlook. A three-week ceasefire between the US and Iran allowed transits to partly recover, but safety conditions have since deteriorated. Under normal market conditions, around 4% of …
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Capesize Vessel-Age Share of Tonne-Mile Demand: Iron Ore vs Bauxite
Capesize Vessel-Age Share of Tonne-Mile Demand: Iron Ore vs Bauxite Each chart shows the share of the trade’s Capesize tonne-mile demand carried by five vessel-age bands, by year from 2015 to 2026 (year-to-date). The tables below give the share in 2015…
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The theft on land that’s concerning shipping lines
Why is the World Shipping Council in a coalition pushing legislation in the US Congress to address cargoes stolen after exiting ports by truck or rail? The group’s chief executive, Joe Kramek, explains
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