Sea waves can impede the speed and performance, as well as increase the fuel consumption of ships travelling on the ocean, which then adds to maritime greenhouse gas (GHG) emissions. But measuring this impact has been difficult. Now, researchers from N…
Tanker values have surged to decade highs, on the back of strong earnings in the spot market. In its latest weekly report, shipbroker Gibson said that “over the past few years tanker owners have watched containership values surge to unbelievable levels…
Tanker Prices Reach 10-Year Highs Read More »
The global seaborne iron ore trade has remained quite steady over the past year and a half, but changes in ton-mile demand are making a difference, with Japan a prime example of that. In its latest weekly report, shipbroker Banchero Costa said that “gl…
Seaborne Iron Ore Trade Steady, While Ton-Mile Demand Increases Read More »
Coal imports of up to 40 million tons, coming into the EU from Russia, need to be replaced from other sources. This could present a significant opportunity for the dry bulk market. In its latest weekly report, shipbroker Intermodal said tha “amid the u…
Dry Bulk Market: Coal Trade a Boon for Bulkers Read More »
Ship owners have kept on contracting newbuildings and secondhand vessels, opting for larger tonnage. In its latest weekly report, shipbroker Allied Shipbroking said that “things in the newbuilding market continued on a relatively fair mode for yet anot…
Ship Owners Keep Investing in Bigger Ships Read More »