In a year marked by economic uncertainties, the latest Global Trade Update from the United Nations Conference on Trade and Development (UNCTAD) paints a picture of the dynamic and complex landscape that characterised global trade in 2023. With negative…
2024 trade outlook “highly uncertain” Read More »
Maintaining seafarer safety and engine health continue to be vital as a variety of new marine fuels and technologies begin to arrive In current marine decarbonisation discussions new and changing fuels are taking centre stage. The conversation has main…
We must continue to prioritise safety alongside decarbonisation Read More »
Capesize The capesize market experienced a dynamic week, with distinct developments in the Pacific and Atlantic regions. The Pacific market started the week on a high note, driven by port closures in North China due to weather and the presence of all t…
Dry Bulk Market Completes Second Week of Correction Read More »
2023 will be remembered for many reasons. For the tanker market, it was the year that VLCC freight finally remained within positive territory for a full 12 months. But it wasn’t a smooth ride. The market had increased volatility, and earnings swung dra…
2023: a rollercoaster year for tanker markets Read More »
In the second week of December, the outlook for the crude oil freight market is subdued despite earlier expectations of stronger momentum. In the clean segment, however, there are encouraging signs that sentiment is brightening, particularly on the LR2…