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OceanScore reviews the first year of EU ETS: what have we learned and what lies ahead?

OceanScore has identified persisting EU ETS pain points for shipping such as system readiness, data anomalies, transparency and contractual responsibility after assessing lessons learned from the first year of the regulation, with the clock ticking tow…

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Falling average speeds and utilisation rates underscore LNG vessel oversupply, bringing freight prices to atypical lows

LNG freight prices have been trending lower this year as strong fleet growth outpaced liquefaction capacity additions. 52 newbuild carriers joined the fleet year to date, nearly double the number of deliveries in the same period last year. In contrast,…

Falling average speeds and utilisation rates underscore LNG vessel oversupply, bringing freight prices to atypical lows Read More »

BIMCO: Crude Tanker Shipping Market To Tighten Slightly in 2025, Products to Soften

Supply/demand balance For 2025, we forecast a slight strengthening of market conditions for crude tankers and a slight weakening for product tankers. Our demand forecast for both sectors is an increase of 2.5%-3.5% in 2025 but the product tanker market…

BIMCO: Crude Tanker Shipping Market To Tighten Slightly in 2025, Products to Soften Read More »