The potential for yet another redrawing of the global crude tanker map and crude flows is very much on the table, after the latest Red Sea crisis, which shows no signs of de-escalation. In its latest weekly report, shipbroker Gibson said that “the end …
Tankers: New Year Brings New Challenges for Tanker Owners Read More »
Capesize This week the capsize market has been marked by a mix of activities and challenges. Despite a slow start following the Christmas and New Year break, the Pacific market saw two active miners, contributing to a somewhat optimistic sentiment init…
Dry Bulk Market: Capesizes Start the New Year on Positive Note Read More »
As of 1 January 2024, vessels over 5,000 GT operating within EU waters are subject to the EU’s Emission Trading System (ETS). A recent implementing regulation has clarified how a shipowner may transfer responsibility for compliance – but some imp…
EU ETS: important compliance clarifications Read More »
S. Korea, which is one the leading importers of crude oil, has increased its demand during 2023. In a recent report, shipbroker Banchero Costa said that “2023 so far has been another positive period for crude oil trade, despite the high oil prices and …
S. Korea Crude Oil Imports Rose in 2023 Read More »
Clarksons Research have today released their latest annual review of shipping markets, including full year 2023 data points, charting the progress of market developments across another dynamic year for shipping markets. Summarising the annual review St…
Clarksons: Seaborne Trade Reaches 12.4bn Tonnes Read More »