A boost in ton-mile demand has kept older MR tankers afloat. In its latest weekly report, shipbroker Gibson said that “MR tankers, the workhorses of both the clean and occasionally dirty product markets form the largest segment of the tanker industry. …
Ageing MR Product Tanker Fleet Could Impact Future Market Prospects Read More »
Capesize The Capesize market experienced an eventful week despite starting off quietly with the BCI 5TC dropping by $409 to $25,650 on Monday. However, the market turned around midweek with a surge in activity, especially in the Atlantic. Demand from S…
Dry Bulk Market: Capesize Index Rises Higher Read More »
The European Union Emissions Trading System (EU ETS) stands as a cornerstone in the global endeavour to mitigate climate change, and its extension to the maritime sector earlier this year has already begun to accelerate the shift towards greener shippi…
China’s economic recovery is hinging on a number of policies, which in turn could be forged during this week’s congress of the country’s ruling Communist party. In its latest weekly report, shipbroker Allied Shipbroking said that “yesterday marked the …
Shipping: Can China Offer a Helping Hand? Read More »
Digital transformation in the maritime sector has accelerated in recent years, as ship managers, owners and operators understand the benefits new technologies can unlock. Maritime faces an evolving regulatory landscape, rising fuel costs and complex pe…
7 benefits of data-driven decision making in maritime Read More »