VLCC freight rates surged over $100,000pd, following the rise in OPEC+ output and a sharp rebound in tanker demand, which drove second-hand values to a new peak in October. This uptick is likely to continue in 4Q25 amid tight tonnage supply and the ons…
A surge in shipping rates drives the second-hand prices of crude tankers Read More »
The maritime industry is experiencing a phase of rapid technological development. The shift from paper charts to continuous digital connectivity is resulting in a myriad of operational changes. With it, comes growing environmental concerns and ever-str…
Modernising maritime safety in a tide of technology Read More »
The strong rally in crude tanker stocks this year has been driven by a surge in charter rates, underpinned by rising oil inventories due to increased OPEC+ supply. Tanker stocks have gained a significant momentum, particularly crude tanker companies wi…
Will crude tanker stocks continue their upwards momentum? Read More »
Warren Buffett recently affirmed a principle at the heart of global progress: “balanced trade is good for the world,” noting, “the more prosperous the rest of the world becomes, … the more prosperous we’ll become.” His words reflect more than economic …
Global Trade: The Pathway to Economic Prosperity Read More »
Saudi Aramco’s recent price cut, bringing it to the lowest since August 2023, has intensified competition with the US and boosted its share in the Asian market, leading to dynamic changes in LPG shipping. Drewry analyses the possible impact on the trad…
Swinging LPG market: An in-depth analysis from the price perspective Read More »