This week’s focus highlights a decrease in vessel congestion at the port of Ras Tanura for dirty tankers, including VLCCs and Suezmax vessels. Port congestion metrics show a 25% decline on both a weekly and monthly basis. However, in contrast, port day…
VLCC Ras Tanura – Port Congestion Metrics Read More »
The EU’s FuelEU Maritime regulation, set to take effect in January 2025, looks set to further shake up the industry, as it continues on its path to net zero. As part of the EU’s Fit to 55 package, FuelEU aims to accelerate the decarbonisation of …
Call to action on FuelEU compliance Read More »
Shipping demand will be shaped by the macroeconomic environment as well, in the coming weeks and months, with monetary easing expected to play a significant role in that regard. In its latest weekly report, shipbroker Xclusiv said that “the Chinese eco…
Shipping and the Macro Environment Read More »
Environmental Protection Engineering (EPE) Commercial Director, John Korovesis, says that owner preoccupations with the EU Emissions Trading Scheme and the IMO Carbon Intensity Index increasingly focus on endgame of how ship efficiency investments will…
Accuracy needed for hard talk on ship emissions Read More »
The Transpacific trade in 2024 is a case in point on why you need a range of data and analysis to fully understand freight rate volatility and future market movements. More specifically, how can Xeneta data explain why spot rates are falling at a time …
Transpacific spot market in decline despite record volumes – why and where next? Read More »