The Capesize market strengthened sharply over the week, led by sustained momentum in the Atlantic. The Baltic Capesize Index (BCI) rose by 950 points to 6,286, while average C5TC earnings increased by $8,612 to approximately $53,508 per day. The strong…
Capesize in focus — C3 at a multi-year high as ordering accelerates Read More »
The global LNG bunker vessel fleet may need to more than double by 2030 as demand from LNG-fuelled ships grows faster than the infrastructure required to supply them, according to a new DNV white paper. The report estimates that between 165 and 208 bun…
Dearth of reported fixtures amid gap between owners and charterers
Brazil-China capesize rates rise to multi-year high as bulker owners hold back for more Read More »
Brent crude futures breached $100 a barrel on Wednesday for the first time since late July after Iran and the U.S. struck tankers in the biggest wave of attacks on shipping since the war began, threatening to worsen the ongoing impairment of…
Brent Crude Oil Prices Rise Above $100/Barrel Read More »
Global trade in goods has strengthened from June despite geopolitical and policy-related uncertainties, the World Trade Organization said on Wednesday, signaling resilience in merchandise flows even as risks remain elevated.The September reading…
WTO: Global Goods Trade Strengthens Despite Uneasy Politics Read More »