US allies in the EU who had previously voiced concerns about US withdrawal from the Iran nuclear deal have reiterated that the deal is crucial for security and have stepped forward with plans to insulate EU firms from US sanctions. EU’s foreign policy …
Iran Sanctions to Affect Dry Bulk Ton Miles Read More »
West African crude supply has faced recent pressure due to aging oil fields in both Nigeria and Angola as well as pipeline constraints in the former; however, pressure is likely to be relieved in the second half of 2018 and moving into 2019. According …
The Rise And Fall Of West African Crude Read More »
McQuilling Services is pleased to announce the release of the 2018 Mid-Year Tanker Market Outlook Update. The Mid-Year Tanker Market Outlook Update provides an outlook on the global tanker market in the context of global economic growth and oil fundame…
McQuilling Services Projects Lower VLCC Demand Growth in 2018 Read More »
After a pattern of divergence at the start of the year, July saw a modest realignment between charter and freight markets as liner operators react to cost pressures and the wider industry awaits the impact of the potential trade war between the US and …
Peak season promises better box freight rates but limited charter market upside Read More »
Despite moderating perishable seaborne trade growth, continued modal shift will sustain expansion in the containerised reefer trade and so support freight rate development, according to Drewry’s latest Reefer Shipping Annual Review and Forecast 2018/19…
Reefer container trade expansion to support freight rates Read More »