The tanker market could face significant consequences from potential US measures against Chinese-built ships. In its latest weekly report, shipbroker Gibson said that “this week, many in the shipping industry likely heard about Section 301 of the US Tr…
US Measures Against Chinese-Built Ships Could Ban 60% of the Global Fleet Read More »
Capesize The Capesize market saw a strong upward trajectory throughout the week, with the BCI 5TC surging from $8,620 on Monday to $15,074 by Friday, reflecting improved sentiment across both basins. The Pacific market was notably firm, driven by a tig…
Dry Bulk Market: Capesizes in Strong Momentum Read More »
The share of US imports in the global aluminium trade has been declining gradually over the past few years, while the country’s share in the global imports of iron and steel has been increasing. For any significant decline in US imports, the country wi…
U.S. metal trade dynamics: Tariffs, imports, price surge and its impact on shipping Read More »
Almost half of the world’s trading dry bulk fleet was built in China, while an additional 66.4% of the orderbook is currently under construction in China. Additionally, more than 60% of the tanker fleet was also built in China, which would create a maj…
US Sanctions on China-built Ships Would Be a Major “Headache” for the Maritime Industry Read More »
Before the Ukraine war, Russia had a diverse oil export market, supplying crude to Europe, China, and other regions without major restrictions. However, Western sanctions in response to Russia’s invasion of Ukraine in 2022 reshaped global oil trade dyn…
Tanker Weekly Market Monitor: Russian Oil Flows Read More »