Geopolitical tensions, market volatility and an approaching influx of newbuild vessels increase attractions of outsourcing management services for a key market constituency, writes Capt. Anurag Mathur, Managing Director, Wallem Commercial Services Geop…
Ship managers step up with plans for stability Read More »
Last month proved to be a record one for the tanker market. In its latest monthly report, OPEC said that in March, trade disruptions and moves to source alternative crude supplies pushed dirty tanker spot freight rates to record levels. On the West Afr…
Tanker Market Reached Record Levels in March Read More »
The ongoing uncertainty surrounding the Strait of Hormuz is impacting the Panamax dry bulk segment. According to recent media reports, a potential two-week extension to ceasefire discussions is under consideration, although this remains unconfirmed at …
Panamax Supply Outlook as Hormuz Faces Strain Read More »
Yesterday’s global trade landscape is increasingly being defined by the shadows of war, with the number of active conflicts reaching levels not seen since the end of World War II. While the human toll is the most devastating consequence, analysis from …
Global trade under siege Read More »
Crude tankers carrying oil into India have been in high demand since the start of 2026. In its latest weekly report, shipbroker Banchero Costa said that “after a modest upturn in 2024, when global crude oil loadings increased by +0.8% y-o-y, things pic…
Tankers: India Emerging As a Leading Market for Seaborne Crude Oil Imports Read More »