The tanker market has been suppressed during the month of January, OPEC said in its latest monthly report. Dirty spot freight rates registered a slow start to the year. VLCCs showed the best performance in January, with the Middle East-to-East route up…
Tanker Market Suppressed During January Read More »
By early 2025, net supply has declined significantly from the peaks seen in 2023 and early 2024, reinforcing the inverse correlation between supply levels and TD3 rates. The sharp drop in net supply has driven a notable spike in TD3 rates, validating t…
Tanker Weekly Market Monitor: Dirty Oil Supply Read More »
The global economic landscape is undergoing a dramatic transformation, shifting from the unified globalisation model of the 1990s to a more fragmented system characterised by regional alliances and competing blocs. This shift, highlighted by Gilles Moë…
Shifting sands of global trade Read More »
With seasonality playing a big part, dry bulk shipping freight rates have taken a significant hit over the past few months. In its latest weekly report, shipbroker Xclusiv said that “the dry bulk freight market has experienced significant declines in r…
Dry Bulk Shipping Experiences a 56% Drop in Capesizes Since November Read More »
European Shipowners (ECSA), Airlines for Europe (A4E), which represent the shipping and aviation sector at European level, along with the green transport group Transport & Environment (T&E) issue today a joint statement calling on the Commissio…