So far, the year 2023 has been very volatile for stocks of crude tanker shipping companies. Drewry Crude Tanker Index rallied at the beginning of the year, followed by a declining trend between the latter half of March and June. However, the index is o…
Drewry: Tanker Shipping Stocks Volatile in 2023 Read More »
Container xChange, an online container logistics platform, published its August Container Market Forecaster today. Despite the ongoing market fluctuations, the Container Price Sentiment Index (xCPSI) has exhibited resilience and witnessed growth in Jul…
Container Market Sentiment Signals Rebound: A ‘Shipper’s Market’ this Peak Season Read More »
A new growth story is needed in the product tanker market, as ship owners reassess the next source of demand for the years to come. In its latest weekly report, shipbroker Gibson said that “for product tankers, much of the past decade’s investment was …
Product Tankers: What’s the Next Growth Story? Read More »
Maritime’s regulatory environment is becoming more complex by the day, especially where sustainability is concerned. With the United Nations Global Compact and IMO’s decarbonization drawing ever closer, the onus on shipping companies to reduce emission…
Automation: The Key to a Cleaner, More Sustainable Shipping Industry Read More »
Capesize As the week unfolded, the Capesize market saw a blend of stability, resistance, and shifts in sentiment across both the Pacific and Atlantic regions. The Pacific market commenced the week with a steady but balanced pace. The presence from two …
Dry Bulk Market Sentiment Improving Read More »