The delays in Panama Canal crossings, as a result of the low water levels in the area, are starting to cause a major “headache” among the supply chain industry ahead of the Holiday season. However, there are also implication in the tanker shipping mark…
Panama Canal: Is the Situation Affecting the Tanker Markets? Read More »
The tanker market showed a mixed performance in August, OPEC said in its latest monthly report, which was released this week. Dirty tanker freight rates continued to decline across all monitored routes as long tonnage lists and reduced activities weigh…
Tanker Market: Mixed Performance During August Read More »
The maritime industry is no stranger to risks and uncertainties. From marine accidents due to human error and natural disasters, to geopolitical conflicts, the challenges faced by shipowners, operators, and cargo owners are diverse and complex. One cru…
“Navigating Uncertainty: The Importance of Marine War Risks Insurance Read More »
The tanker market has been in a constant state of flux, with cargoes destined to derive from various locations, not so active in the past and vice versa. In its latest weekly report, shipbroker Xclusiv Shipbrokers said that “oil markets were very busy …
Tankers: Cargo Demand Is in a Permanent State of Flux Read More »
Ship owners have been quite active in the newbuilding and S&P markets this past week. In its latest weekly report, shipbroker Allied Shipbroking said that “a substantial number of newbuilding orders have come to light over the past week, with bulk …
Ship Owners Splurge The Money for Newbuildings Read More »