Capesize The market endured a broadly softer week, with sentiment cooling across both the Pacific and Atlantic as the BCI 182 5TC slid from the low $31,000s to finish closer to $26,468. Early optimism in the Pacific, driven by miner presence and steady…
Dry Bulk Market: A Softer Week All Around Read More »
The global tanker market opened 2026 hitting new highs. While dirty tanker rates continue their upward trajectory, mid-size crude tankers lead market gains, even as total crude and dirty petroleum product flows declined by approximately 2 million barre…
The average VLCC ballast speed in the AG area is now edging toward the upper range of 11.9, which aligns with the upward trend in TD3C rates. Amid rising Middle East tensions and geopolitical shifts, TD3C was indicating a soft downward trend into Frida…
Freight Markets at an Inflection Point: Geopolitics, Supply, and Demand Shifts Read More »
The IMO Secretariat has submitted a summarised report on the data collected in 2024 through the IMO Data Collection System (DCS). This data will be reviewed by the MEPC during its next session in April 2026. Drewry’s Energy Transition team closely trac…
IMO DCS 2024: A reality check for shipping Read More »
One of the quieter but more consequential themes to emerge from conversations in Davos this year was not any single policy proposal or statement, but a shared recognition that the architecture of global cooperation is changing. The language of “multila…
BIMCO: A world less joined-up – what does this mean for the future of shipping? Read More »