Future fleet dynamics in the MPV space have been a major topic of discussions in the sector, with increasing demand expected but newbuild order activity still being tepid. This topic has been scrutinised in detail in Drewry’s latest Multipurpose Shippi…
Future newbuild orders required but not yet seen Read More »
Europe has its sights set on reducing greenhouse gas (GHG) emissions by at least 55% by 2030. To meet that ambitious target, the European Commission has announced its FuelEU Maritime Regulation to promote the use of renewable, low-carbon fuels and clea…
Sailing through the FuelEU Maritime Regulation Read More »
VLCCs could soon enter the Argentinian oil market, which is mainly dominated by smaller sizes. In its latest weekly report, shipbroker Gibson said that “in December 2023, when the newly elected Xavier Milei took the oath as the Argentinian president, t…
VLCCs to Enter the Argentinian Oil Market Read More »
Even though the steel making process tries to move away from the blast furnace-based route (that depends on iron ore) to the route based on electric arc furnaces that rely heavily on ferrous scrap, the unavailability of ample recycled metal will furthe…
Capesize This week finished on a positive note with the Capesize 5TC increasing by $942, finishing the week at $27,388. The rate for C8 transatlantic round voyage, significantly increased by over $3,000 on Wednesday, reaching $29,464, driven by a swap …
Dry Bulk Market: Capesizes End Week on a High Note Read More »