Tanker market rates have been reacting to the latest developments globally. In its latest weekly report, shipbroker Xclusiv said that “the first half of January reminded everyone that crude tankers do not need a fresh demand miracle to re-rate, they ju…
Tanker Market Shifts Along with the Global Map Read More »
The Week in Focus Drone strikes in the Black Sea have targeted multiple commercial tankers awaiting loading at or near the Caspian Pipeline Consortium (CPC) terminal. U.S. forces have expanded interdiction under Operation Southern Spear, seizing multip…
Tanker Seizures and Drone Attacks Escalate Maritime Risk Read More »
In recent years, the maritime finance sector has witnessed growing interest in non-payment insurance as a risk mitigation tool. This trend reflects broader market efforts to enhance credit security and diversify capital sources, aligning shipping finan…
An introduction to non-payment insurance in the shipping industry Read More »
The ship recycling markets showed signs of recovery as buyer demand is present. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the Indian market trended softer through most of the week, and despit…
Ship Recycling Market Looking Primed for a Recovery Read More »
The Baltic Capesize Index opened the week marginally firmer, while weekly performance remains lower, indicating continued sensitivity in the freight market. Ballaster availability remains elevated across both basins, with approximately 160 vessels (5-d…
January Snapshot: Capesize Ballasters & Demand Read More »