“Since the start of July, Panama Canal bulker transits have fallen 22% y/y. Bulkers have faced increased competition for transit slots from other sectors, especially tankers, as the US has boosted energy exports to Asia. El Niño is also expected …
Bulker Panama Canal transits drop 22% amid higher competition for transit slots Read More »
With vessels operating for 25–30 years and only around 4% of the fleet renewed annually, newbuild decisions made over the coming decade will establish much of the engine capacity available in 2050. Yet having the capacity to consume a new fuel does not…
Russia’s shadow fleet has evolved from a geopolitical workaround into a structural feature of global oil trading, and, as a result, a growing source of risk for those in the maritime and finance industries. Since 2022, more than 230 ageing tankers wort…
How The Shadow Fleet Has Changed The Rules Of Maritime Finance Compliance Read More »
Crude tanker rates have broken to fresh highs as Iranian and US attacks across the Persian Gulf and Strait of Hormuz push shipping risk to its highest level since the war began. The pace of attacks has accelerated notably over the past 2 weeks, with ro…
Crude tanker rates hit new highs as Hormuz risk escalates Read More »
Clarksons Research, the data and intelligence arm of the Clarksons Group, have reported all-time highs for crude transportation costs following further disruption in the Middle East Gulf region. Reviewing the all-time high rates for crude tankers, Stev…
Crude Tanker Rates Reach Record Levels Read More »