Capesize The Capesize market continued to decline this week, albeit at a more gradual pace, as tonnage demand has become lacklustre to close out the year. The end of the week brought about a small uptick of +244 to settle the Capesize 5TC at $14,421, p…
Dry Bulk Market: Capesize Segment Still Under Pressure Read More »
Expected rise in demand for carbon-neutral LNG under decarbonisation goals pushes the sector to reduce CO2 emissions, driving advancement in LNG shipping. Total recently shipped its first carbon-neutral LNG cargo sourced from Australia’s Ichthys LNG to…
LNG inching towards carbon neutrality Read More »
India is gearing up to become a major player in seaborne oil demand, offering a valuable boost in the tanker market. In its latest weekly report, shipbroker Gibson said that “like most nations, Indian oil demand has come under considerable pressure in …
India Bound to Make Waves In the Tanker Market Read More »
Capesize The Capesize market was grasping for a bullish story this week as a possible mid-week rally fell flat. Following that, rates collapsed down to $15,550 on the Capesize 5TC, a drop of $3,199 for the week. Positive news of Vale’s increased produc…
Dry Bulk Market: Capesize Market In Reverse Mode Read More »
Container shipping: Well-coordinated capacity management ensured that all major container carriers, with the exception of Yang Ming, were profitable during the second quarter despite weak volume growth. Yet, a disconnect between shipping rates and stoc…
Drewry Maritime Financial Insight – October 2020 Read More »