A disruptive and painful 2020 is edging closer to its end and many parts of the shipping industry is already looking forward to a post-pandemic 2021 and what it has in store. In its latest weekly report, shipbroker Allied Shipbroking said that “being j…
Shipping Industry Looking for “Normalcy” After Turbulent Year Read More »
Newbuilding orders have continued to dwindle as ship owners continue to opt to add to their fleets, rather than commission more newbuildings. As a result, more deals are starting to materialize in the S&P market. In its latest weekly report, shipbr…
Ship Owners Shun Away From Newbuildings Read More »
LPG could have a role to play in the process of decarbonizing shipping. In its latest weekly report, shipbroker Intermodal said that “over 90% of the world’s goods are transported by sea. LPG is a clean, energy efficient and portable fuel that is being…
LPG’s Role in Shipping’s Decarbonization Could Be Important Read More »
The tanker market could soon receive some much welcome boost from China’s financial recovery. In its latest weekly report, shipbroker Gibson said that “Chinese crude imports have continued to set new records this year, peaking at 11.7 million b/d in Ju…
China’s Economic Recovery Bodes Well For Tanker Demand Read More »
As long as lockdown measures apply to many parts of the world, the recovery of global demand is bound to take much longer. In turn, this will hinder the recovery of the freight rate market, which has been nosediving for the most part, since the summer …
The Global Recovery’s Delay Will Impact The Shipping Market’s Recovery Read More »