South Korean line eyes 110 bulk ships by 2030 as it hedges against container shipping volatility
Container ship giant HMM to bet big on tankers, gas carriers and offshore Read More »
Africa has been a perennial laggard, when it comes to refining capacity and hence a viable market for oil products. In its latest weekly report, shipbroker Gibson said that “the history of African refining is chequered, to say the least. Of the many re…
Can Africa Become An Oil Products’ Exporter? Read More »
Capesize The market experienced a mixed week, with the Pacific providing the main source of volatility while the Atlantic remained comparatively steady, albeit lacking consistent momentum. The Pacific initially came under pressure before recovering thr…
Dry Bulk Market: Capesize Steadying After Recent Gains Read More »
The International Maritime Organization’s (IMO) proposed Net-Zero Framework (NZF) represents an ambitious international effort to decarbonize the maritime sector. The initiative establishes a target of achieving net-zero greenhouse gas (GHG) emis…
US reportedly strikes back after Iranian strike disables Panamanian-flagged tanker, forcing crew to evacuate
One seafarer killed and another missing in new round of tit-for-tat Hormuz strikes Read More »