Supply for both the dry bulk and tanker markets could be on the rise in the coming months and years, not only as a result of robust newbuilding ordering activity, but also because of a lack of demolitions. In its latest weekly report, shipbroker Interm…
Ship Supply Climbing Higher Read More »
The International Energy Agency’s (IEA) Oil 2024 report outlines a period of significant transformation for the global oil market through to 2030. While oil has historically fuelled economic growth, the report predicts a slowdown in demand growth…
The coming transformation of oil markets Read More »
The introduction of the EU’s Emissions Trading System (ETS) into shipping has brought significant changes, deeply impacting financial operations, day-to-day management and commercial transactions. Frontline, a global leader in tankers, explains how DNV…
Driving efficiency and trust: DNV’s Emissions Connect in the new EU ETS landscape Read More »
Canadian iron ore exports to China and the EU have been rising. In its latest weekly report, shipbroker Banchero Costa said that “2023 was a very positive year for global iron ore trade. In Jan-Dec 2023, global loadings of iron ore increased by +5.1% y…
Canadian Iron Ore Exports on the Rise Read More »
This week’s data highlights a declining trend in VLCC tonne days growth (left chart), coinciding with weakening AG-China freight market rates throughout June and a reduction in tonne day growth from the AG to China. This weaker outlook was also d…
VLCC Dirty tonne days Read More »