Tanker demand from China has been reduced so far this year, as seaborne crude oil imports have been reduced. However, this could change in the coming months. In its latest weekly report, shipbroker Gibson said that “China saw an impressive rebound in c…
Tankers: China’s Crude Oil Demand Expected to Rebound Read More »
Capesize The Capesize market experienced a steady decline this week, with the BCI 5TC falling from $24,521 on Monday to $21,676 by Friday. The Atlantic saw significant fixing activity, particularly from South Brazil to China, but an oversupply of tonna…
Dry Bulk Market: Capesize Segment Experiencing Downtrend Read More »
The maritime sector is experiencing a paradigm shift as technology transforms operations from sea to port. The adoption of advanced software solutions is imperative for optimising so many facets of maritime operations, particularly port call management…
Port Calls Prepare for the Next Wave of Digitalisation Read More »
The changing dynamics of the tanker trade in the Mediterranean Sea seem to be a constant, rather than an exception. In a recent weekly report, Poten said that the Mediterranean, or the “Med” as it is known in shipping circles, is one of the most import…
Tanker Dynamics in the Mediterranean Sea in Perpetual Change Read More »
This week’s chart underscores signs of a slight upward movement in the growth of dirty VLCC tonne days from the Arabian Gulf to the Far East, rebounding from the bottom low seen at the beginning of July. This positive trend is mirrored in WS rate…
Tanker – Weekly Market Monitor: Dirty & Clean Tonne Days Read More »