An ageing fleet is expected to favor future prospects of the LR1/Panamax market. In its latest weekly report, shipbroker Gibson said that “the LR1/Panamax market has often been referred to as a dying sector, with investment in new tonnage close to zero…
LR1/Panamax Market Expected to Benefit from Ageing Fleet Read More »
Knut Ørbeck-Nilssen, CEO, DNV Maritime, says shipping must invest in the exploration and development of technological solutions that improve energy efficiency to reduce greenhouse gas emissions until carbon-neutral fuels become available. Decarbonizati…
Decarbonizing maritime: Overcoming challenges with innovation and ingenuity Read More »
Capesize The Capesize market experienced a week of mixed activity, highlighted by a strengthening Pacific, South Brazil and West Africa to China routes, while the North Atlantic market struggled initially. Early in the week, the Pacific gained momentum…
Dry Bulk Market: Capesizes Had a Mixed Week Read More »
Crude oil exports so far in 2024, have returned to positive, after a drop in 2023. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been another positive period for crude oil trade, despite the high oil prices and risks of eco…
Tankers: UAE Crude Oil Exports on the Rise Read More »
This week’s analysis highlights the contrasting trends in dirty tonne days versus VLCC tonne days. The VLCC segment has experienced a noticeable decline since the end of the first quarter of this year, in contrast to the growth observed in dirty tonne …
Dirty Tonne Days – Demand Read More »