Are carrier services getting more predictable? In a volatile, under-supplied market, it is a nice feeling when you perceive that things start to look better. Based on Drewry data, we are reaching this stage: carriers are adding new services or reinstat…
Finally, carriers add more loops, cancel fewer sailings Read More »
The Bahamas Maritime Authority (BMA) was especially pleased to take part in the Posidonia Conference and Exhibition this year as it coincided with the 10th Anniversary of the opening of its Greek office in 2014. At the time, it was the only Flag with s…
The Bahamas Maritime Authority’s Greek office reaches a ten-year milestone Read More »
The tanker market is expected to remain quite healthy and profitable not only in the short to medium term, but also in the long term as well, even after 2030. In its latest weekly report, shipbroker Xclusiv said that “based on the June’s IEA market rep…
Tanker Rates Could Remain Elevated Even After 2030 Read More »
This week’s data underscores the declining trend in VLCC ballast speeds during the summer season, coinciding with a weakening trend in AG-China freight market rates throughout June. Since mid-May, there has been a noticeable strategy among indust…
Dirty crude oil flows to China Read More »
Key transhipment ports, such as Singapore, have witnessed a sharp rise in congestion due to the impact of Red Sea carrier service diversions, which have led to fewer vessel calls but larger average exchanges. This has added to yard congestion. Port pro…
Transhipment ports challenged by changes in call patterns amid the Red Sea crisis Read More »