The World Trade Organization (WTO) has predicted a gradual recovery in global trade this year, following a contraction in 2023 caused by high energy prices and inflation. Its latest report, Global trade outlook and statistics, forecasts a 2.6% increase…
World trade set for rebound Read More »
The tanker market will keep on… shipping fossil fuels for a long time, despite the looming peak oil demand scenario, due some time in the not so distant future. Even if this arrives sooner than earlier anticipated, it most likely won’t be a case of dem…
Demand For Tankers Will Remain Strong, Even After the Peak Oil Scenario Materializes Read More »
Capesize The week in the capesize market concluded with a continued trend of declining rates. In the Pacific region, despite the addition of a second major player later in the week, trading remained lacklustre. Rates for C5 fell by a total of $2.20 thr…
Dry Bulk Market: Capesizes on correction mode Read More »
Led by DNV, the Nordic Roadmap project brings together key stakeholders from across the Nordic region in comprehensively plotting a course for the transition to zero-emission fuels. This starts with collaboration and technical developments, providing t…
The Nordic Roadmap: Plotting a course for the maritime energy transition Read More »
Colombian coal exports have been steadily growing after several years of declines. In its latest weekly report, shipbroker Banchero Costa said that “global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels…
Colombia Coal Exports Keep Rebounding Read More »