Baltic Exchange has launched a series of new Aframax tanker benchmarks, TD28 and TD29, in response to shifting global trade dynamics, escalating geopolitical tensions, and a dramatic surge in Canadian crude exports to Asia. The new assessments are also…
According to the BBC and many other publications US-China trade tensions back as port fees take effect. The BBC says, “ The US and China started charging new port fees on each other’s ships on Tuesday, as trade tensions between the world’s …
Port fees skyrocket amidst US-China trade tensions Read More »
Containership charter rates have remained on a steady upwards trajectory this year and remain 200% higher than in 2019, despite slumping spot freight rates (see chart), to which some carriers point as evidence that talk of overcapacity in the market is…
Overpriced charter market is due a correction after 5-year boom Read More »
The maritime industry faces a pivotal moment as it adapts to regulation, including the new IMO Net-Zero Framework (pending adoption), aimed at reducing ship greenhouse gas emissions. DNV’s latest Maritime Forecast to 2050 offers practical insights and …
Net-zero shipping: Key findings from the latest Maritime Forecast Read More »
DNV is launching the industry’s first public tender portal for e-methanol procurement within the European Union and the United Kingdom. The initiative connects a leading e-methanol producer with industrial offtakers across EU and UK markets, creating a…