In 2019 the Baltic Exchange partnered with GeoSpock, a geospatial big data company, to look at building a digital platform for maritime industry emissions management. The partnership aims to work with the Exchange membership and broader industry to pro…
The dawn of the data age in maritime: Baltic Exchange and GeoSpock white paper Read More »
The effects of the coronavirus are soon to be felt hard in the tanker market as well, with disruptions expected to reap havoc in the wet segment’s supply chain, not to mention the scheduled drydocks and retrofittings. In its latest weekly report, shipb…
Shipping Disruptions Expected on Tanker Market Read More »
While shipping markets are already in a huge slump over the past couple of weeks, the offshore market is also under immense pressure, exacerbated by the looming fall in oil prices. In its latest weekly report, shipbroker Intermodal said that “the oil a…
Offshore Market Also in the Doldrums Read More »
Increasing biodiesel consumption due to the rollout of B20 biodiesel programme in Malaysia and B30 programme in Indonesia coupled with low production of palm oil will tighten its supply. Top importers like India and China will counterbalance this gap b…
The outbreak of the novel Coronavirus has dented market sentiment and spooked markets around the globe. When China sneezes, we all catch the flu. This especially holds true for the commercial shipping markets, which remain heavily reliant upon China, b…
Coronavirus impacting the global shipping industry Read More »