Capesize The Capesize market experienced a turbulent week, beginning with notable softness but regaining momentum by Thursday and closing on a positive trajectory. The 5TC average started at $10,696 per day, dropped to $9,123 per day midweek, and rebou…
Dry Bulk Shipping: Capesize Market Begins 2025 in Turbulence Read More »
This week’s focus highlights a downward trend in the AG supply of VLCC tankers (both spot/relet and contract), compared to the highs observed in October 2024. For the spot relet market, the performance of Baltic rates has not been fueling expectations …
Tanker – Weekly Market Monitor: Dirty Tonne Days VLCC Read More »
According to the latest data from DNV’s Alternative Fuels Insights (AFI) platform the maritime industry’s exceptional newbuilding year 2024 drove a significant rise in orders for alternative-fuelled vessels. A total of 515* such ships were ordered, rep…
LNG powers unprecedented year for orders of alternative-fuelled vessels Read More »
This week’s highlight delves into the evolving dynamics of Capesize ballasters in the South Atlantic and the evolution of iron ore shipments to China from Australia, Brazil, Guinea and South Africa. The start of the year confirms a challenging freight …
To achieve net zero greenhouse gas (GHG) emissions from international shipping by 2050, the International Chamber of Shipping (ICS) has joined 47 governments in a joint submission to the final round of negotiations at the United Nations’ International …