The USTR proposal with introduces charges against Chinese owned, built or operated vessels, is expected to lead to an extensive tanker fleet repositioning, mainly for the dirty tanker trade, as clean tankers aren’t affected, due to their smaller sizes….
Tanker Fleet Repositioning on the Cards After USTR Proposal Read More »
The tanker market softened during the course of the past month, OPEC said in its latest monthly report. Developments in sanctions and tariffs have kept spot freight rates trading close to the five-year average, although below the robust levels seen in …
Tanker Market Softened Last Month Read More »
The shipping industry is having to navigate a “minefield” of trade and geopolitical tensions these days, in an era when protectionist policies are at the forefront. In its latest weekly report, shipbroker Xclusiv said that “the U.S. Trade Representativ…
Shipping: When the Unthinkable Happens Read More »
Prices for dry bulk carriers have been on the rise over the past week, as more deals were concluded. In its latest weekly report, shipbroker Xclusiv said that on the dry bulk market “on the Kamsarmax sector, the “Sea Pluto” – 81K/2013 New Times w…
Dry Bulker Prices on the Rise Read More »
Global trade flows are shifting in response to the ongoing trade war. In its latest weekly report, shipbroker Intermodal said that “the recent surge in trade tensions between the U.S. and China, marked by the U.S. imposing tariffs up to 145% on Chinese…
Shifting Trade Flows From Policy Changes Read More »