In the following weeks Klaveness Research will in a series of articles have a look at how we believe the fundamentals impacting dry bulk freight rates are shaping up for 2021. In the first article we started off by having a look at the big picture. In …
2021 dry bulk outlook – what will happen to the global grain trade? Read More »
International maritime trade is expected to drop by 4.1% this year, with an anticipated modest recovery in 2021 that is heavily caveated by its forecaster, UNCTAD. Having already stalled last year, trade growth was just 0.5% in 2019, down from 2.8% in …
UNCTAD: ‘Recovery fraught with uncertainty’ Read More »
The sale of Sam (formerly Zoya 1), an almost 25-year-old 300,500 DWT crude oil tanker, marks the end of the fourth longest streak of zero VLCC demolitions in history, this time lasting 512 days. The last VLCC to be demolished was the 300,361 DWT “Watba…
Sale of 25-year-old VLCC ends 512 days demolition draught Read More »
Why container lines might not want a return to business as normal. The heart-lifting scientific breakthrough for a potential COVID-19 vaccine is now diverting the world’s attention to the logistics of how will it all be moved when it becomes available….
Will carriers fold a winning hand? Read More »
This time a year ago the market was talking about the upcoming IMO2020 sulphur regulations change. The operators of the non-scrubber tonnage were in the process of putting together the switch-over plans from HSFO to VLSFO and starting to purchase the c…
A year on: better VLSFO quality but watch HSFO Read More »