Currently, tanker asset prices are red-hot, with second-hand values and newbuilding prices at their highest levels in the last 15 years amid strong market fundamentals. While high freight rates and tight tonnage availability have underpinned second-han…
Tanker prices hit record highs, but sustainability in question Read More »
Global trade stands at a critical juncture, buffeted by a series of unprecedented challenges that have tested the resilience of the globalized trade regime. From the disruptive impacts of Donald Trump’s trade wars to the pandemic-induced shocks t…
Navigating Through Global Trade’s Troubled Waters Read More »
The tanker market could be set to benefit from a brand new market entering the foray over the next few years. In its latest weekly report, shipbroker Gibson said that “much of the focus over the past few years has been on the impressive ramp up of oil …
New Frontiers Entering The Tanker Market Narrative Read More »
The rising interest in clean ammonia, touted as the next zero-carbon fuel, is boosting orders for Very Large Ammonia Carriers (VLAC). The orderbook is stacking up with the specialised vessels, but concerns over possible delays in the start-up of planne…
Ammonia shipborne trade: Navigating the bubble for sustainable growth Read More »
Capesize The Capes started the week off slowly but gradually gained momentum. Despite decent cargo volumes, particularly in the Pacific, the C5 index experienced a 50-cent drop, settling at $9.640 as the week got under way. There was pressure in the So…
Dry Bulk Market: Capesize Market Ends the Week in Negative Territory Read More »