The IMO deal reached in London represents a significant shift in climate ambition for a sector that accounts for 2-3% of global carbon dioxide emissions. It sets an emission reduction pathway of “at least” 50% on 2008 levels by 2050 with a strong empha…
The IMO’s 2018 climate agreement explained Read More »
Despite short-term lackluster performance, the existing fundamentals seem to indicate a brighter long-term future ahead for the product tanker market. According to the market outlook released this week by shipowner Capital Product Partners, “product ta…
Low orderbook bodes well for Product Tanker Long-Term Prospects Read More »
The Capesize index is technically bullish but has the potential to produce a bearish divergence on the 21 period RSI and the stochastic above USD 18,192. A close below USD 16,890 would create a lower signalling a corrective phase within a bullish trend…
Dry Bulk FFA: Capesize Bullish But With a Catch Read More »
Every year in April, the Great Lakes of North America open up for seaborne trading as the winter ice melts. Maersk Tankers operates in the Great Lakes, bringing in products to support the region’s local industries and energy demands. The bi-national Gr…
Trading on “Highway H2O” Read More »
The Capesize segment’s benckmark status in the dry bulk market has been magnified over the course of the past couple of weeks. In its latest weekly report, shipbroker Allied Shipbroking said that April was “a rather bizarre month for the Dry Bulk…
Volatility Hits The Dry Bulk Market As Capesizes Are Still the Benchmark Read More »