Global spare production capacity is not enough to compensate for the decline in Saudi Arabia’s oil production after the recent attacks on two of the country’s oil facilities and the consequent inventory drawdown will therefore underpin oil prices and a…
BIMCO expects the fundamental market balance to deteriorate in 2019 which will do nothing to improve freight rates as the 2020 sulphur cap nears. Demand drivers and freight rates Earnings for Capesize vessels have continued their rollercoaster ride, re…
Even with the sulphur cap expected to give a boost to the tanker market, high fleet growth will put pressure on earnings. Demand drivers and freight rates Rising geo-political tensions have led to disruptions to the tanker shipping industry and all oth…
Global growth in container volumes has picked up slightly in the second quarter of the year, with growth in the first seven months reaching 1.2%, compared to the just 0.8% in the first quarter. Demand drivers and freight rates Despite this rise, the gr…
Container Shipping: Ship Sizes Keep Increasing Despite Stagnant Volume Growth Read More »
When Jason Pomeroy was a young boy, several formative experiences left a lasting impression on him and went on to play a role in his career choices. “A distinct memory is walking with my father when I was eight years old around St Paul’s Cathedral in L…
Smart marine cities: Is water the world’s new real estate? Read More »