A fleeting peace deal in Ukraine is still the case, but with progress being made, tanker market analysts are trying to gauge the potential impact in demand and supply. As such, any significant shift in tonne miles in the crude tanker market, would come…
Tanker Market Looking for Cues Read More »
Geopolitical and policy risks have become bigger drivers of our ‘deteriorating’ 2026 outlook for the global shipping sector than underlying industry fundamentals, Fitch Ratings says. These risks include potential tariff-related escalation; other protec…
Geopolitical Risks Increasingly Drive Deteriorating Shipping Outlook Read More »
The Dangote refinery’s expansion to 1.4 mbpd by 2028, doubling its current output, is expected to reshape regional trade dynamics in the Atlantic basin. As European refinery runs decline amid a wave of closures, Dangote’s growing output could redirect …
Expansion of Dangote’s refinery capacity to reshape Atlantic basin flows Read More »
The VLGC market in 2025 remained highly volatile, with occasional rate spikes overshadowed by weak fundamentals. Vessel oversupply and fragile demand, along with factors such as US loading disruptions, fluctuating arbitrage, and tariff uncertainties, w…
VLGC market in 2025: A rollercoaster ride with more dips than peaks Read More »
Lloyd’s Register (LR) and Latsco have successfully completed a proof-of-concept for a new standard in digital class assurance with data-driven surveys. This collaboration aims to demonstrate how verified operational vessel data can fully meet class sur…
LR and Latsco chart a new digital course for ship classification Read More »