The end of September traditionally marks the end of the peak season as China moves into their one-week Golden Week holiday. It is by now very clear that the peak season was a dud from the container lines’ perspective. The Asia-to-Europe trade was essen…
FBX Index October 2023: The market at a crossroads Read More »
The tanker market could face headwinds from the dollar’s strength and the effect this can have on oil demand. In its latest weekly report, shipbroker Gibson said that “as the oil market contends with growing supply tightness until at least the end of 2…
Tankers: The Effect on Dollar’s Strength Could Be a Bearish Sign Read More »
Capesizes Throughout the week, the cape market has displayed remarkable resilience and positivity, defying challenges such as holidays in the Far East. The Pacific market saw strong activity at the beginning of the week, with increasing rates and well-…
Dry Bulk Market: Capesize Market on the Rise Read More »
The recent announcement from Euronav NV (EURN) and Frontline PLC (FRO) following the speculations last week regarding a potential deal indicates that two key shareholders of EURN – Compagnie Maritime Belge (CMB) and FRO are in the advanced stages…
Euronav – A move to end the current deadlock Read More »
Crude oil exports from Norway and the UK, i.e. North-West Europe have been on the rise this year. In its latest weekly report, shipbroker Banchero Costa said that “2023 so far has been another positive period for crude oil trade, despite the high oil p…
North-West Europe Crude Oil Exports On The Rise Read More »