Russian seaborne crude oil export volumes have remained strong and grew 13% y/y in 2022 despite the invasion of Ukraine. However, after a 4% m/m fall in June, volumes fell another 16% m/m in July, and the Russian administration has announced export cut…
Russian Seaborne Crude Oil Export Volumes Fall 16% M/M And May Fall Further Read More »
In early August, Atlantic Capesize freight rates posted significant increases on both a weekly and monthly basis, driving the Baltic C5TC (Timecharter Average $/d) to a weekly increase of 32%. Capesize route C8 (Transatlantic Round Gibraltar/Hamburg $/…
Dry Bulk Market: Capesize Iron Ore Flows From Australia to the Far East a Mixed Bag Read More »
Following the COVID-19 pandemic, PSC detentions have been at an all-time high. To turn the tide on this trend, a focus should be set on the main detainable items during regular maintenance. DNV has updated the Top 18 list based on the newest developmen…
Turning the trend – Update of PSC Top 18 items Read More »
US Coast Guard chose DNV as one partner for their one-year merchant marine training programme on autonomous and remote-controlled shipping. Lieutenant Steve Conde, who worked closely with DNV’s ship autonomy team, discusses current developments and giv…
Regulation development for autonomous and remote-controlled shipping Read More »
Drewry expects the global pool of container equipment to contract by 2% in 2023 as trade growth remains weak and owners dispose of more equipment. In 2023, Drewry anticipates global container handling activity to increase by just 1% to 870.7 mteu. Whil…
Carrier reliance on leased container fleet to support higher per diems and cash returns Read More »