The dry bulk market has been a mixed bag so far in 2024, in terms of performance, with Capesizes faring much better than smaller ship classes. In its latest weekly report, shipbroker Xclusiv said that “the dry bulk market has exhibited a mixed performa…
Dry Bulk Market: Mixed Fortunes Read More »
Ahead of next week’s International Maritime Organization’s Marine Environment Protection Committee meeting (IMO, MEPC 82, September 30-October 4), the Clean Shipping Coalition urged national delegations that support ambitious climate action to also ins…
The last week of September is concluding with an upward trend in VLCC rates on the Arabian Gulf-China route, signalling a strengthening market as we approach the winter season, a period traditionally marked by increased energy demand. The momentum curr…
Tanker Weekly Market Monitor: Crude oil flows to China Read More »
The looming strikes at U.S. ports’ will be yet another major supply chain disruption in the post-COVID era. As a result, experts have warned that a ripple effect is about to be unleashed in the global shipping market. Stamatis Tsantanis, Chairman &…
This week’s focus is on the overall decreasing pace of ballast speeds across all dry vessel class categories for the year. Notably, the Capesize segment, which initially showed an upward trend at the beginning of the year, saw its ballast speed i…
Dry Bulk Market Monitor: Ballast speed Dry All vessel classes Vs Capesize Read More »