Capesize The Capesize market saw a strong start to the week, particularly in the Pacific, where two of the three major miners became active, leading to a steady rise in the C5 route. However, as the week progressed, Pacific activity began to slow, with…
Dry Bulk Market: Capesize Market Shows Resilience Read More »
As long as the scrubber economics are favourable, we will see the domination of scrubber-fitted crude-carrying vessels in the orderbook. Currently, the orderbook comprises 201 tankers with the majority being Suezmaxes (as of July 2024). A substantial n…
Favourable scrubber economics driving the crude tanker orderbook Read More »
After a tepid recovery in the first quarter of the year, reefer freight rates on most trade routes have been decreasing. Drewry’s Global Reefer Freight Rate Index (which is based on freight rates for a wide range of port pairs) is expected to decrease …
As the world races towards a decarbonised future, copper – a key component of electrification – is in high demand. As the demand for copper surges, securing a reliable supply and the trade to support that has become a top priority for gover…
Complexity of securing future copper supply Read More »
This week’s special focus is on the growth of VLCC dirty tonne days from all origin countries to all destinations (left chart). In August, we observed a decreasing trend, reflecting a pattern similar to the previous year, when the market also experienc…
VLCC Dirty Tonne Days Growth for All Destinations and from the AG to China Read More »