With the threat of the closure of the Hormuz Strait gaining substantial ground after the weekend’s developments, it’s safe to say that any analysis about the tanker market can immediately become obsolete. This is further testament to the volatile natur…
Tanker Market Caught in War and Geopolitics “Fever” Read More »
Capesize The Capesize market trended downward this week, with sentiment consistently softening, particularly in the Pacific. C5 rates came under pressure as iron ore volumes from West Australia declined. While coal cargoes from East Australia offered s…
Dry Bulk Market: Capesize Market on the Back Foot Last Week Read More »
A clear uptick in casualties in 2024, driven by machinery damage/failure and an ageing fleet, stands out in the latest analysis of Lloyd’s List Intelligence casualty data. The number of maritime casualties rose by 15% in 2024. Coupled with a 7% rise in…
DNV: Ageing fleet driving increase in incidents Read More »
A potential Strait of Hormuz closure, a much debated threat over the past decade, as a result of rising tensions between the US and Iran, today seems more plausible than ever. Still, analysts believe that at this stage, full closure seems to be a less …
A Strait of Hormuz Disruption Seems Closer Than Ever Read More »
The decarbonisation spotlight on shipping is often on shone on alternative fuels, but the role of energy efficiency should not be overlooked, according to a shipping expert. In a recent DNV Maritime Impact podcast, DNV’s director of environment for mar…
Energy efficiency: the unsung hero of decarbonisation? Read More »