In today’s carbonised economy, where millions of barrels of oil are consumed daily, the transportation of fuel is a crucial cog in the world’s energy consumption. With such large quantities required globally, the oceans are the most cost effective rout…
A Winter Write Up on the VLCC and LNG Markets Read More »
11 out of 23 ship finance portfolios are aligned with the IMO’s decarbonization target. In 2020, only 20% of reporting Signatories were aligned with this goal. The second Poseidon Principles Annual Disclosure Report 2021 reflects the Signatories’ leade…
We thought it might take 6 months for crude to fall $10, but it only took a few days! Things tend happen a lot faster in the market than we typically expect, and the past month has definitely been one of those periods. In mid-November we wrote about pr…
Not all price falls are equal, and certainly not in bunkers Read More »
Capesize The Capesize market moved sharply lower this week with both the overall index and the average of the five timecharter routes declining over 2100 points and $17,422, compared with last Friday, closing the week at 2727 and $22,613 respectively. …
Dry Bulk Market: Capesize Market Has Worst Week in Years Read More »
China set out its priorities for its 2022 economic policies last week placing much emphasis on stability. The annual Central Economic Work Conference, which took place in Beijing, outlined key goals, including taking steps to make macro policies more e…
China hints at 2022 ambitions Read More »