A scheduled Extraordinary Session of the IMO’s Marine Environment Protection Committee has ended without adopting the policy measures agreed upon in principle in April 2025. These measures are intended to reduce emissions from the shipping sector and k…
Prior to the advent of Chinese leasing, ship leasing was historically a financing structure in the alternative ship finance space. It was originally perceived as a relatively covenant free financing instrument which provided high financing leverage com…
Capesize The Capesize market experienced a volatile week marked by sharp swings in sentiment and rates following China’s announcement of new port fees on U.S. linked vessels. Early gains, driven by speculation over potential inefficiencies, quickly rev…
Dry Bulk Market: Capesize Market Had a Volatile Week Read More »
The world economy has successfully avoided the initial, catastrophic blow from the recent surge in trade protectionism, yet the long-term outlook remains “insufficiently bright”, according to the latest World Economic Outlook report from the Inte…
Global trade’s tightrope walk Read More »
Baltic Exchange has launched a series of new Aframax tanker benchmarks, TD28 and TD29, in response to shifting global trade dynamics, escalating geopolitical tensions, and a dramatic surge in Canadian crude exports to Asia. The new assessments are also…