The tanker market is undoubtedly going to be impacted by the rising popularity of EVs. However, the pace of adoption is turning out to be slower than initially thought. In its latest weekly report, shipbroker Gibson said that “global oil demand growth …
Tanker Market: The EV Impact in Oil Demand Read More »
Capesize The Capesize market started the week on a firmer note but gradually softened as activity failed to gain momentum. The BCI 5TC began positively at $22,311 but declined steadily, closing the week at $20,503. In the Pacific, initial optimism driv…
Dry Bulk Market: Capesize Rates Gradually Softening Read More »
Methane slip, as based on standard factors, can account for up to 24% of GHG emissions from an LNG-fuelled vessel. As an alternative to using standard factors for the reporting of CO2 equivalents, direct methane emissions monitoring has the potential t…
Methane slip measurements to reduce reported GHG emissions Read More »
The shipping industry could be set for a turbulent period ahead, with higher opex being the main takeaway. In its latest weekly report, shipbroker Xclusiv said that “recent geopolitical developments involving the United States, Iran, Yemen, and China c…
Shipping Industry Faced With Increased Operational Costs and Route Disruptions Read More »
Following the recent imposition of U.S. tariffs on Canadian crude oil imports, trade flows have undergone a significant shift, with Canadian barrels increasingly redirected toward European markets. This trend is evident in the March 2025 data, which sh…