The global fleet of tankers and bulkers has grown substantially over the course of the past decade, both as a result of newbuildings, but also due to the delay in decommissioning older tonnage. In its latest weekly report, shipbroker Xclusiv said that …
Global Fleet Grows by at Least 30% Over the Past Decade Read More »
Uncertainties over the future supply and cost of carbon-neutral fuels are compelling reasons for shipowners, ports and other stakeholders to consider all technology options for reaching net zero. DNV’s latest Maritime Forecast to 2050 includes case stu…
Can CO2 capture and nuclear get ships to net zero? Read More »
The end of September traditionally marks the end of the peak season as China moves into their one-week Golden Week holiday. It is by now very clear that the peak season was a dud from the container lines’ perspective. The Asia-to-Europe trade was essen…
FBX Index October 2023: The market at a crossroads Read More »
The tanker market could face headwinds from the dollar’s strength and the effect this can have on oil demand. In its latest weekly report, shipbroker Gibson said that “as the oil market contends with growing supply tightness until at least the end of 2…
Tankers: The Effect on Dollar’s Strength Could Be a Bearish Sign Read More »
Capesizes Throughout the week, the cape market has displayed remarkable resilience and positivity, defying challenges such as holidays in the Far East. The Pacific market saw strong activity at the beginning of the week, with increasing rates and well-…
Dry Bulk Market: Capesize Market on the Rise Read More »