Why is this relevant for all ships? The shipping industry is being pushed now more than ever towards cleaner emissions, not least from the legislation point of view. Previously, the “energy efficiency rules” were a potential challenge for new ships. Ho…
How long will your ships be compliant? – Here’s what we have learned about EEXI and CII Read More »
Despite the latest efforts by governments around the world, China included, to limit the use of fossil fuel use, tanker demand is still far from over, quite the opposite. In its latest weekly report, shipbroker Gibson said that “for the past two decade…
China To Remain The Dominant Force For the Tanker Market Read More »
China’s dual control policy will depress the country’s chemical shipping demand in 4Q21, which will cap growth in freight rates rising due to port congestions in mid-China river ports. China has issued the Barometer of 2021 Half-Year Regional Energy Co…
Capesize The Capesize market has endured another difficult period of sliding rates as the 5TC sustained losses week-on-week of -8866 to close out at $27,199. On the brighter side, after a month of descent, the Capesize market sentiment closed on a posi…
Dry Bulk Market: Capesizes Still Under Pressure Read More »
A potential rise in the utilization of the huge Vaca Muerta field in Argentina could bring significant gains in the Aframax and Suezmax tanker market. In its latest weekly report, shipbroker Gibson said that “an often-overlooked part of the global shal…