April ends with firm sentiment in both Capesize and Panamax segments. On the C3 route, freight levels are supported by ballaster counts trending below the 12-month average. In Panamax, low ballaster availability across the P1/P2/P7 routes signals an un…
Firmer Sentiment / Ballasters Dropping below 12m avg: Ballasters Vs Baltic Rates Read More »
More tankers and LNGs have been on the newbuilding ordering “menu” over the past week. In its latest weekly report, shipbroker Banchero Costa said that “in the gas carrier sector, China’s Zhoushan Dashenzhou Shipbuilding secured an order for 3 x 10,000…
Newbuilding Orders Picking Up Pace in the Wet Sector Read More »
On United Nations’ World Day for Safety and Health at Work, this year’s theme – “ensuring a healthy psychosocial working environment” – feels especially relevant at sea. There is no doubt that better connectivity has brought real benefits. …
Digitalisation at Sea: Opportunities and Risks Read More »
On the morning of April 18, 2026, the master of a crude oil tanker transiting the Strait of Hormuz broadcast a transmission that remains the clearest summary of what our observation window had documented over the preceding seven days: “You gave us clea…
The existing blockade of the Hormuz Strait could be far reaching and have long-lasting effects in the tanker market, essentially increasing ton-mile demand. In its latest weekly report, shipbroker Intermodal said that “in the VLCC market, Basrah export…
Tanker Market: Ton-Mile Demand Could Shift Read More »