The US military’s ouster of Venezuelan President Nicolás Maduro could significantly redraw global crude flows, and although the ultimate direction of Venezuelan oil exports remains highly uncertain, any shifts in these flows will materially influence c…
Venezuelan crude redirection to the US: A net positive for Crude tankers Read More »
Global seaborne iron ore exports climbed to a near-record 38.50 Mt in the week ending 28 December, as miners expedited quarter-end shipments for reporting purposes. Rio Tinto led the charge, with loadings surging to a three-year high of 7.72 Mt, while …
2025 Dry bulk carrier earnings lag 2024 across all classes despite strong H2 performance Read More »
Another layer of uncertainty has been thrown to the already fluid state of the tanker market, after the latest developments in Venezuela. In its latest weekly report, shipbroker Gibson noted that “if anyone expected 2026 to be less eventful than 2025, …
Tanker Market: Venezuela’s Oil Throws Another Layer of Uncertainty Read More »
Capesize The market delivered a mixed but generally softer week, with sentiment gradually weakening despite a brief midweek improvement in Atlantic activity. Following a post-holiday pickup in participation, the Pacific basin remained under consistent …
Dry Bulk Market: Capesize Rates Keep Softening Read More »
Amendments to key IMO treaties include reporting lost containers and mandatory training on preventing harassment and bullying at sea. A set of amendments to key IMO treaties and Codes have entered into force on 1 January 2026. They include the followin…
IMO: Raft of shipping rules in force from 1 January 2026 Read More »