One of the biggest factors shifting crude oil flows could be removed from the equation, if peace negotiations to end the war in Ukraine reach a positive outcome. In its latest weekly report, shipbroker Gibson noted that “negotiations are ongoing, and t…
Tanker Market: What’s the “Peace in Ukraine” Effect? Read More »
Capesize The Capesize market delivered a robust and increasingly confident performance this week, with the BCI 5TC climbing steadily from the low $30,000s to close the week in the $37,000s. The Pacific set the tone early, where consistent miner partici…
Dry Bulk Market: Capesize Showing Signals of Strength Read More »
The VLCC market is enjoying a strong upswing, with spot earnings consistently exceeding $100,000pd as rising OPEC supply has boosted vessel demand in the Arabian Gulf. With OPEC+ targets indicating an oversupplied oil market through 1Q26, the correspon…
Excessive ordering to hurt long-term prospects of VLCCs Read More »
Most coal exporting countries have seen lower exports so far in the year, with Indonesia being no exception. The main “culprit” is China’s diminished appetite for seaborne coal imports. In its latest weekly report, shipbroker Banchero Costa said that “…
Dry Bulk Shipping: China’s Coal Imports Down 13% in 2025 Read More »
This week’s analysis focuses on VLCC performance and the evolving Russian crude flows. Building on our October and November Special Editions, we have already outlined the main drivers behind the recent market surge. In the November edition, we emphasis…
Tracking VLCC freight momentum and the latest Russian flow shifts Read More »