The tanker market could be set for a major structural shift in trade routes, should the Straits of Hormuz become unsafe for passage, after the latest developments and the escalation of the Middle East tensions. In its latest weekly report, shipbroker A…
Strait of Hormuz Safety is Under Threat: Is a Structural Threat Ahead? Read More »
As the maritime industry navigates towards a more sustainable future, the focus intensifies on the pivotal contributions of dry bulk and tanker vessel size segments in the European Union’s efforts to combat climate change. With the EU leading the…
Container values have risen significantly across almost all sectors and age categories since the start of the year. Following an extended period of declines, where values fell steadily for this sector after reaching a record peak during the Container b…
Red Sea disruption pushing up container values and rates Read More »
Russian LNG keeps flowing into the EU, albeit at a much lower level. In its latest weekly report, shipbroker Xclusiv said that “over two years since the Russian invasion of Ukraine, the EU continues its efforts to weaken Russia financially through sanc…
Russian LNG to Europe: Is it Game Over? Read More »
Due to the COVID-19 pandemic, the global container market grew only 1.5% from 171.0 million TEU in 2019 to 173.5 million TEU in 2023. Without the pandemic, that figure would have been 24.6 million higher, landing at 198.1 million in 2023. During the pa…
COVID pandemic wiped 24.6 million TEU off container market growth Read More »