The share of US imports in the global aluminium trade has been declining gradually over the past few years, while the country’s share in the global imports of iron and steel has been increasing. For any significant decline in US imports, the country wi…
U.S. metal trade dynamics: Tariffs, imports, price surge and its impact on shipping Read More »
Before the Ukraine war, Russia had a diverse oil export market, supplying crude to Europe, China, and other regions without major restrictions. However, Western sanctions in response to Russia’s invasion of Ukraine in 2022 reshaped global oil trade dyn…
Tanker Weekly Market Monitor: Russian Oil Flows Read More »
The US government is intensifying its focus on China’s economic practices, with a new investigation targeting China’s dominance in maritime logistics and shipbuilding. The move, which could result in significant fines and unprecedented rest…
China’s maritime dominance in US crosshairs Read More »
Supply/demand balance In our base scenario, we forecast a slight tightening of the crude tanker market in 2025 followed by a weakening in 2026. Our forecast indicates weakening of the product tanker market during both years. We now assume that ships wi…
BIMCO: Tanker Shipping’s Outlook Obscured By Geopolitical Uncertainties Read More »
Analysts warn proposed fees on China-built container ships importing goods into the US may have unintended consequences, including port congestion, increasing freight rates and shifts in global trade patterns. The Trump Administration has announced pla…