Capesize The cape market had a sluggish start to the week but gradually exhibited signs of improvement and positivity as the week progressed. The anticipated momentum in the Pacific fizzled out by the middle of the week despite the presence of two of t…
Dry Bulk Market: Capesize Market Improved Last Week Read More »
What is the aim of the Directive on flag state requirements? Flag States (the State which registers the ship and under whose law it operates) are the keystone for ensuring maritime safety. Each flag State must take all necessary measures to attest to t…
Saudi Arabia’s crude oil exports have maintained their upward momentum in 2023, albeit at a significant slower pace, as production has been reduced as part of OPEC’s oil price strategy. In its latest weekly report, shipbroker Banchero Costa said that “…
Saudi Arabia Crude Oil Exports Keep Rising in 2023 Read More »
Fluctuating volumes, primitive tools, and unreliable commercial forecasts—the global container shipping industry faces several challenges in predicting demand. One way forward-looking logistics professionals are beginning to mitigate them is by using A…
AI and Big Data Analytics Reshape Demand Forecasting for Container Shipping Read More »
The International Energy Agency’s mid-year Coal Market Update for 2023 brings both positive and concerning news for the global coal industry. After a tumultuous few years marked by the Covid-19 shock in 2020 and the turmoil caused by Russia’…
Coal trade to return to 2019 levels Read More »