Pre-holiday bunker schedules are coming under pressure from high demand, and lingering weather disruptions in have delayed bunkering by days in Las Palmas and Malta. Supply could tighten in the ARA region as buyers have increasingly been looking to boo…
ENGINE: Europe & Africa Bunker Fuel Availability Outlook Read More »
The Freightos Baltic Global index, driven by easing prices on the transpacific, fell 14% month over month to $9,364/FEU, though still 284% higher than a year ago and more than 6X the pre-pandemic norm. The decrease marks the end of peak season on Asia-…
FBX Index November: Market Summary Read More »
New regulation from the International Maritime Organization (IMO), which will require existing ships to reduce carbon emissions, is due to enter into force in just under one year. As compliance will benefit to a large extent from co-operation between s…
BIMCO Publishes Eexi Transition Clause Ahead Of IMO Efficiency Regulation Read More »
Investors have ordered a larger tonnage of new vessels at shipbuilding yards this year. But the newbuilding revival has not been evenly spread among ship types. Amid the imponderables of regulation and technology, what is shaping the trends and outlook…
An uneven revival in newbuilding orders Read More »
We are now in December and the tanker market remains surprisingly weak. At the time of writing, rates in the MR segment are around USD 8,000 per day – double the level earlier this autumn, certainly, but still some way below what an MR vessel req…
Concordia Maritime : The market – why not yet and why now… Read More »