Shell sets new benchmark for product tanker charter in Singapore deal
One-year fixes reach record $45,000 per day
Shell sets new benchmark for product tanker charter in Singapore deal Read More »
October 2026
Japan’s new net-zero proposal slammed as a compromise too far
Global regulators set to retry attempts to finalise net zero rules by end of the year
Japan’s new net-zero proposal slammed as a compromise too far Read More »
US and Denmark forge cooperation to help modernise American shipbuilding
Non-binding MOU to provide ‘skilled hands, capital and speed’ to US yard sector
US and Denmark forge cooperation to help modernise American shipbuilding Read More »
Product Tankers: Less Cargo, Higher Earnings
A market paradox seems to be forming in the product tanker market. In its latest weekly report, shipbroker Xclusiv said that “the product tanker market has experienced an extraordinary freight rally between early August and mid-October 2026, despite a …
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Global shipyard order book grows 13%, strengthening China’s lead
“On 1 September 2026, the global shipyard order book reached an estimated 203.2m Compensated Gross Tonnage (CGT), up 13% from 180.0m CGT a year earlier,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. This is slightly below the all-time h…
Global shipyard order book grows 13%, strengthening China’s lead Read More »