Moving into July, the outlook for containers is becoming ever more opaque. The ongoing conflict between attempts to ratchet up spot rates versus a seemingly overwhelming orderbook through the 2023 and 2024 period have rattled forecasts that have been a…
FBX Index July 2023: Looking forward Read More »
The US crude oil export trade has grown significantly over the past few years, with further growth during the first five months of 2023. In its latest weekly report, shipbroker Banchero Costa said that “2023 so far has been another positive period for …
Tankers: US Crude Oil Exports Up 23.5% In the First Five Months of 2023 Read More »
International Maritime Organization (IMO) adopts revised strategy to reduce greenhouse gas emissions from international shipping. Member States of the International Maritime Organization (IMO), meeting at the Marine Environment Protection Committee (ME…
Revised GHG reduction strategy for global shipping adopted Read More »
First half 2023 statistics for the international shipping industry have been released by Clarksons Research. Reviewing the data, Steve Gordon, Managing Director of Clarksons Research commented: Most shipping sectors remain in positive territory, despit…
Clarksons: Most Shipping Sectors Remain in Positive Territory After First Half of 2023 Read More »
The dry bulk market’s main themes are revolving around China’s emergence as a major coal importer and Ukraine’s grain exports. In its latest weekly report, shipbroker xClusiv said that “days go by and there is still no light at the end of the tunnel fo…
Dry Bulk Market Trends: China’s Coal Imports and Ukraine’s Grain Exports The Main Themes Read More »