Market volatility and uncertainty on the regulatory development front are dominating the current landscape for bulk carrier shipping. The market fundamentals in terms of tonnage supply and demand remain healthy for dry bulk shipping. According to Clark…
All eyes on energy transition strategies Read More »
Dirty tanker spot freight rates fell back in May from the sharp gains seen during the previous month, OPEC said in its latest monthly report. Suezmax rates declined 37% m-o-m and Aframax fell 22% over the same period, as ample availability overwhelmed …
Tanker Market Retreated in May Read More »
The maritime industry must navigate a challenging course through digital transformation in pursuit of smarter, safer, more efficient and sustainable shipping. And, like any other journey, a detailed roadmap is needed to reach the destination. DNV has s…
Enabling transformation: DNV supports Grieg Star with digital roadmap for the future Read More »
A strong start for China in early 2022 has given way to weakening second half prospects, dented by multiple Covid-19 outbreaks that have dragged the economy of the trading powerhouse down. In its latest China report – Between Shocks and Stimulus …
Further weakening of China’s economy Read More »
The shipping markets have had to navigate even more turbulent waters so far in 2022, than in the past couple of years, of COVID and supply chain disruptions. In its latest weekly report, shipbroker Allied Shipbroking said that “despite having gone thro…
Shipping Markets’ Volatility Even More Pronounced in 2022 Read More »