The Panama Canal’s fight against climate change is well underway, in what appears to be an ongoing issue. In its latest weekly report, shipbroker Intermodal said that “as of the latest update, the Panama Canal continues to grapple with the effects of a…
A Supply Chain Issue: Panama Canal and Its Fight Against Climate Change Read More »
The long term demand for crude oil in the state of California, could be a sign of things to come for the tanker market, as the world, gradually, moves towards cleaner energy sources. In its latest weekly report, shipbroker Gibson said that “the state o…
Tanker Demand in California Could Be a Sign of the Future Read More »
The tanker market has benefited from the fact that the EU is now established as the single largest importer of crude oil by sea. In its latest weekly report, shipbroker Banchero Costa said that “2023 so far has been another positive period for crude oi…
EU is Now the Largest Seaborne Importer of Crude Oil Read More »
With the US market not able to fully service the European continent, more crude oil VLCC cargoes have started flowing out of the Middle East market. In its latest weekly report, shipbroker Gibson said that “in recent years we have seen a remarkable inc…
VLCC Market: More Flows Towards Europe From the Middle East Read More »
Lower values of China’s dry bulk exports have triggered shifts in major routes. In a recent weekly report, shipbroker Xclusiv Shipbroking said that “China, the world’s second-largest economy suffered a sharp decline in exports and imports in July…
China’s Dry Bulk Trade Volume on the Rise Read More »