The tanker market could be impacted by the shape of the US policies moving forward, under the new Trump presidency. In its latest weekly report, shipbroker Gibson said that “following a very impactful end to the Biden era, the oil and tanker markets ex…
Tankers and the Trump Presidency Read More »
Capesize The Capesize market endured a challenging week, with a steadily declining trend across the board. The BCI 5TC shed $2,852 over the week, closing at $8,156. In the Pacific, miner activity remained sparse, with only one miner consistently presen…
Dry Bulk Shipping: Capesize Market Under Pressure Read More »
The maritime industry represents a backbone of global commerce, with approximately 100,000 shipping vessels traversing the oceans at any given time, connecting continents and forming logistical networks. However, in light of the impending climate crisi…
Türkiye’s crude oil imports fell by a further 16.4% during 2024, continuing the downward trend of 2023. In its latest weekly report, shipbroker Banchero Costa said that “after a positive 2023, when global crude oil loadings increased by +4.6% y-o-y, th…
Tankers: Türkiye Crude Oil Exports Fell Further in 2024 Read More »
The fourth week of February brought a downward correction in the sharp rise of VLCC AG-China rates, which had surged following the announcement of U.S. sanctions on Russian crude oil destined for China and other Asian markets. The geopolitical shock on…
VLCC AG & Aframax Mediterranean Vessel Count & Market Rates Read More »