While the talk of the town has been of the VLCC sector’s spike in rates in recent weeks, this article focuses on some of the key variables that have afflicted these vessels over the past few years and kept market sentiment so low for so long. The VLCC-…
VLCC Newbuilding Orders Nowhere to be Found So Far in 2022 Read More »
A key component of DNV’s Energy Transition Outlook (ETO) suite of reports, the 84-page forecast is the sixth edition of its kind. This year’s publication considers the comprehensive production, distribution and bunkering infrastructures required to ena…
The International Maritime Metropolis – Greece, witnesses an overwhelming gathering of Maritime professionals. Green Shipping and Sustainability discussions take centre stage. The much-awaited prestigious International ShipTek International Conference …
August is typically an element of the strongest part of peak season, yet 2022 does not have any material peak season. As a consequence, the slide in spot rates not only continued, but the pace of the decline also increased. The available data in the ma…
FBX Index: The pace of decline increases Read More »
Capesize The Capesize market continues to struggle as demand for iron ore remains weak. Vessels in the Atlantic have had difficulties finding cargo, while those available have been fought over with prices diving as a result. The Transatlantic C8 bottom…
Dry Bulk Market: Capesizes Continue to Struggle Read More »