As April draws to a close, the crude freight market sentiment for VLCC and Suezmax tankers segments confirms a downward trajectory, contrasting with a sense of stability observed in the Aframax Med route, albeit accompanied by a decline in vessel activ…
The global seaborne crude oil market grew during the first quarter of 2024, but this wasn’t the case with the Arabian Gulf. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been another positive period for crude oil trade, des…
The International Energy Agency’s (IEA) latest Oil Market Report paints a surprising picture for the future of oil. While global oil demand is expected to notch up some growth in 2024 and 2025, the pace of that increase is slowing dramatically, h…
End of the oil supercycle? Read More »
Like so many industries, the intermodal transportation sector runs on data. Clear, accurate and up-to-date information informs the strategies and business decisions of terminal operators and port authorities. The digital age gives us different methods …
Secure Intermodal Data Practices through the SPEAR Approach Read More »
Ship owners have been quite active in the newbuilding market for yet another week. In its latest weekly report, shipbroker Banchero Costa said that “active and dynamic market, shipbuilders are experiencing very strong demand and the increasing number o…
Strong Newbuilding Ordering Momentum Evident in the Market Read More »