The tanker market faced a downward correction during the month of December, OPEC said in its latest monthly report. Dirty tanker spot freight rates dipped in December following the strong gains seen in recent months. VLCC spot freight rates experienced…
Tanker Market Dipped in December Read More »
Chart of the Week| AG Supply Vs Demand • Despite some encouraging short-term signals, the underlying demand is not yet strong enough to fully warrant the current positive sentiment in the VLCC market. • AG freight conditions have improved from the…
Signal Weekly Tanker Market Monitor: Freight Market VLCC AG Supply Vs Demand Read More »
In the race to re-fuel the shipping industry with environmental alternatives to heavy fuel oil, methanol has its staunch supporters. The greener, leaner fuel also has a firm foundation to build on. Marius Leisner, senior principal consultant in the Env…
Shipping’s methanol mandate Read More »
The tanker market could be thrust forward by the potential scrapping of some 350 tankers, which are estimated to form a main part of the sanctioned Venezuelan trade. In its latest weekly report, shipbroker Xclusiv said that “the first weeks of 2026 hav…
Tanker Market: Will a “Grey” Fleet of 350 Ships Be Decommissioned? Read More »
2025 marked a turning point for shipping’s decarbonisation journey. In September, shipowners faced their first compliance deadline under the EU Emissions Trading System (EU ETS), requiring vessels that called at EU ports in 2024 to surrender carbon all…
Simplifying regulatory compliance Read More »