The first TPM since 2019 is well underway in Long Beach, US, and though the location and many of the faces may be the same, the negotiated rates and the conversations around them are most definitely not. As the theme of this year’s TPM: ‘Relationships …
Massive spreads on long term contract rates from the Far East to the US Read More »
The Capesize market had a mild trading range this week hitting a high of $15,258 and a low of $13,414 to settle Friday at $13,560. While events in Europe have been disruptive, the trading activity was generally back to normal this week as most shipping…
The whole container ship fleet will be affected by the IMO’s new carbon intensity indicator (CII) regulation from next January, but its full impact remains unclear. Clarification on how CII will be implemented in the short run, and how it may tighten a…
Container ship owners need clarity on CII implications Read More »
The growing stringency in environmental regulation has compelled the maritime industry into a major shift in fuels. Regional and national lawmakers are also demanding a faster energy transition attributed to a changing climate of public opinion, affect…
Fuel flexibility starting with LNG Read More »
Tanker supply is set to “fall off a cliff” in 2023, resulting in what a leading shipping analyst describes as a “tremendous” fleet. Dag Kilen, head of research at Fearnleys AS, and a presenter at the Baltic Exchange Tanker Market Insights Webinar, part…
Tanker supply “falling off a cliff” Read More »