The quarterly results from the major carriers are beginning to be reported, with ONE and Maersk having issued theirs at the time of writing and with OOCL having issued their quarterly operational update with revenues and volumes but without profit leve…
FBX Index May 2024: Crisis continues to underpin supply/demand balance Read More »
Demand for LNG newbuildings rose last week, with more orders being reported. In its latest weekly report, shipbroker Banchero Costa said that it was a “very busy week for LNGs with the third phase of the Qatar Energy building program. The Chinese shipy…
LNG Newbuildings Take Center Stage Read More »
The Freightos Baltic Global index fell 9% month-on-month in April to $2,384/FEU, as rates continued to ease from the pre-Lunar New Year and early Red Sea diversion-driven highs of January and February. As the decline has slowed, however, prices may be …
FBX Index May 2024: Market summary Read More »
Shipping is increasingly subject to growing volatility and uncertainties from war and geopolitical events, climate change risks, such as drought in the Panama Canal, and the resurgence of piracy. Allianz Commercial marine experts look at some of the ma…
Allianz: Navigating troubled waters: risk challenges for shipping in 2024 Read More »
A cooling of EV sales globally, could move peak oil projections further down the line, thus lengthening the existing tanker fleet’s lifespan. In its latest weekly report, shipbroker Gibson said that “in recent months we have seen some gloomy developmen…
EVs and Tanker Shipping: A Cooling Market Could Lengthen Peak Oil Projections Read More »