Tanker market delegates are closely monitoring the latest developments regarding Iran’s oil export trade and the potential for additional measures against it. This, in theory, could have an impact on future tanker supply. In its latest weekly report, s…
Tankers: Dark Fleet Servicing Iranian Trade Flows Still In Play Read More »
Capesize This week, the Capesize market saw a steady decline, with the BCI 5TC beginning at $25,773 and dropping daily, except for a modest rise of $962 today, ending the week at $22,180. Despite healthy cargo volumes in the Pacific, market activity wa…
Dry Bulk Market: Capesize Market Under Pressure Read More »
Under certain circumstances – in congested waters, during manoeuvring or in harsh weather – a blackout can lead to loss of life or damage to property, infrastructure and/or the environment. This news highlights some of the most common causes of blackou…
Blackouts – causes, prevention, effective recovery Read More »
The tanker market’s bullish nature lately, is making it harder to spot potential downward trends. In its latest weekly report, shipbroker Allied said that “a closer look at the TD3C route (MEG/China) could help us argue that trend patterns look fairly …
Bullish Tanker Market Makes it Harder to Spot Potential Downward Risk Read More »
This week’s chart highlights the trend in VLCC (Very Large Crude Carrier) tonne-days growth, which has been decreasing consistently since our last review in week 17, just before the end of April. At the end of the second week of May, the demand g…
VLCC AG-China tonne days Read More »