Russian crude oil exports are a critical piece of ton mile demand for the Aframax markets, and also contribut to Suezmax utilisation. The overall trend was for higher ton mile demand through the middle of 2017, but these numbers have fallen from their …
Hints of Higher Russian Oil Production Could Boost Aframaxes Read More »
Following the launch of a legal briefing on blockchain contracts from UK P&I Club, Claims Executive, Filip Koscielecki explains how the technology can be hugely beneficial for the shipping sector: “Blockchain is the new buzzword in the shipping ind…
Blockchain can have a transformative effect on the shipping industry Read More »
In its latest weekly report, shipbroker Gibson said that “Mexico’s energy sector could be radically overhauled if the current frontrunner in the July elections wins office. Candidate Andres Obrador has indicated that major reforms will take place shoul…
Tanker Market: Is Mexico’s Oil Industry Shakeup a Factor? Read More »
2017 was a year in which market sentiment, especially in the dry market, showed some improvement. In addition, global economic growth and international trade continued to grow at a robust pace approaching 4% p.a. overall. With the slowdown in new vesse…
Are Banks Back into Shipping Finance? The outlook for 2018 and beyond Read More »
Capesize A depressing time for the big ships as rates eased across the board, with the Atlantic particularly short of cargo, while levels in the East fell despite active fixing from West Australia. The lack of Brazil cargo continued to have a major imp…
Dry Bulk Market: Capesize Market on Retreat Mode Read More »