Though much uncertainty remains, the immediate commodity price increases and supply challenges caused by Russia’s invasion of Ukraine are likely to be felt throughout 2022. Also, recently implemented sanctions on Russia are not likely to be lifted any …
War in Ukraine will hurt growth in all shipping segments Read More »
The first TPM since 2019 is well underway in Long Beach, US, and though the location and many of the faces may be the same, the negotiated rates and the conversations around them are most definitely not. As the theme of this year’s TPM: ‘Relationships …
Massive spreads on long term contract rates from the Far East to the US Read More »
The current situation in Ukraine is having a direct impact on the shipping markets, with Russian seaborne exports being driven off the market. In its latest weekly report, shipbroker Banchero Costa said that “Russia is the fourth largest seaborne expor…
Russian Seaborne LNG Exports Reached 30.3 Million Tonnes Read More »
The growing stringency in environmental regulation has compelled the maritime industry into a major shift in fuels. Regional and national lawmakers are also demanding a faster energy transition attributed to a changing climate of public opinion, affect…
Fuel flexibility starting with LNG Read More »
Tanker supply is set to “fall off a cliff” in 2023, resulting in what a leading shipping analyst describes as a “tremendous” fleet. Dag Kilen, head of research at Fearnleys AS, and a presenter at the Baltic Exchange Tanker Market Insights Webinar, part…
Tanker supply “falling off a cliff” Read More »