The growing average age of the tanker fleet is expected to pose challenges moving forwards, as owners are searching for more clarity regarding compliance with future regulations. In its latest weekly report, shipbroker Gibson said that “the tanker flee…
Tankers Are Aging: The Challenges Ahead Read More »
Capesize The Capesize market closed the week on a firm and optimistic note. Early activity was stifled by the Vesak Day holiday in Singapore, and while initial trading was subdued, sentiment remained bullish from the previous week, underpinned by stron…
Dry Bulk Market: Capesizes Step on Higher Ground Read More »
The 2025 outlook for crude oil exports from the CPC terminal at Novorossiysk indicates a decisive structural shift toward Suezmax utilisation, with a marked decline in Aframax deployment. Data visualisations from Signal Ocean reveal that Q1 2025 record…
Tanker Weekly Monitor: Shift in CPC Crude Exports Towards Suezmax Utilisation Read More »
More newbuilding orders with delivery dates set for 2027 and 2028 were reported over the past few days. In its latest weekly report, shipbroker Banchero Costa said that “in the dry sector, the Chinese yard New Dayang has secured an order of 4 x 64,100 …
Ship Owners Order More Ships Read More »
A new Lloyd’s Register report outlines the upcoming changes to mandatory statutory regulations and instruments. A comprehensive suite of new International Maritime Organization (IMO) and International Labour Organization (ILO) regulations come in…
New Lloyd’s Register report simplifies complex regulatory landscape Read More »