Nigeria has re-emerged as a key player in global oil markets, with production reaching new heights in July. Output averaged 1.71 million bpd, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), up 9.9% year-on-year. Terminal per…
Nigeria’s Comeback: Oil Flows Rise as Production Hits a Record in July Read More »
For years, the conversation around artificial intelligence in maritime has been dominated by a mixture of cautious optimism and technological trepidation. A new report from Marcura and Thetius on the subject finds an industry eager for the efficiency a…
Promise and peril of AI in maritime Read More »
Depending on the ship type, the dry bulk shipping market tells a very different story so far this year. In its latest weekly report, shipbroker Xclusiv said that “now that summer has come to an end, it is a good moment to look back and assess how the d…
Dry Bulk Market: Each Ship Class is Telling a Different Story Read More »
“Despite significantly weaker freight rates, the average price for five-year-old container ships has increased 17% year-on-year and 6% since the beginning of 2025,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. The average per TEU price of a b…
Second-hand container ship prices jump 17% YoY despite weaker freight rates Read More »
European TTF front-month price outlook: Bearish as lower temperatures, strong renewable generation, and higher LNG imports are expected to outweigh the bullishness stemming from the start of the maintenance season in Norway. The news of Arctic LNG 2 ca…
Weak fundamentals and growing bearish sentiment after Arctic LNG 2 cargo docked in China Read More »