Suezmax and Aframax rates in April continued to outperform those in the VLCC class, with gains of 61% and 28%, respectively. Suezmax was supported by a strong market in the Atlantic Basin, while Aframax was supported by both the East and West markets, …
Tanker Market Shows Mixed Performance During April Read More »
In a notice released on 5 May 2022, India’s Ministry of Power instructed all power plants to increase their imports of coal. Specifically, the Ministry demands that power plants designed to run on domestic coal start importing at least 10% of their req…
India’s coal import decision to reverse 10% YTD drop and add tonne miles Read More »
Long asset lifespans, high energy dependency and limited viable alternatives make shipping one of the harder-to-abate sectors to decarbonise, according to Fitch Ratings. In a special report on long-term climate vulnerability, Fitch said that low margin…
Decarbonisation a “secondary issue” for Shipping Read More »
How cohesively has the dry bulk sector responded to the new market regime? It seems like a vague question at a first glance. There are many different ways you can interpret and analyze different indicators and market concepts, while you also have to ta…
Thomas Chasapis Research Analyst Read More »
The LNG market is experiencing a ‘perfect storm’ right now, a situation that has evolved through a sequence of events, each worse than the one before. Things may soon be getting out of hand. The pressure of the energy transition has set back investment…
LNG newbuilding market in a ‘perfect storm’ Read More »