The Red Sea crisis continued unabated during March with the frequency and intensity of attacks at a high level for almost the entire month, although attacks from the Houthies did seem to enter a pause towards the end of March. It also became a month wh…
FBX Index April 2024: No Red Sea solution in sight Read More »
Currently, tanker asset prices are red-hot, with second-hand values and newbuilding prices at their highest levels in the last 15 years amid strong market fundamentals. While high freight rates and tight tonnage availability have underpinned second-han…
Tanker prices hit record highs, but sustainability in question Read More »
Global trade stands at a critical juncture, buffeted by a series of unprecedented challenges that have tested the resilience of the globalized trade regime. From the disruptive impacts of Donald Trump’s trade wars to the pandemic-induced shocks t…
Navigating Through Global Trade’s Troubled Waters Read More »
The rising interest in clean ammonia, touted as the next zero-carbon fuel, is boosting orders for Very Large Ammonia Carriers (VLAC). The orderbook is stacking up with the specialised vessels, but concerns over possible delays in the start-up of planne…
Ammonia shipborne trade: Navigating the bubble for sustainable growth Read More »
Capesize The Capes started the week off slowly but gradually gained momentum. Despite decent cargo volumes, particularly in the Pacific, the C5 index experienced a 50-cent drop, settling at $9.640 as the week got under way. There was pressure in the So…
Dry Bulk Market: Capesize Market Ends the Week in Negative Territory Read More »