LPG imports from the EU have been on the rise so far in 2024, reversing last year’s downward trend, although not entirely. In its latest weekly report, shipbroker Banchero Costa said that “global LPG (liquified petroleum gas) trade has been steadily re…
EU LPG Imports on the Rise Read More »
This week’s chart highlights a notable decline in the quarterly vessel count for dirty tanker transits through the Red Sea, underscoring growing concerns over the region’s shipping activity. The 7-day Moving Average (left chart) shows a clear downward …
Tanker Weekly Monitor: Dirty Tankers – Red Sea Read More »
Strike action at ports on the US East and Gulf Coast ended last night, Thursday, after a new wage agreement was reached – but a backlog of more than 40 ships waiting to offload billions of dollars of cargo means the pain is not yet over. The Internatio…
Agreement reached to end US port strike – but supply chains will take weeks to recover Read More »
The dry bulk market could benefit from a Chinese real estate market revival, after the latest stimulus unveiled by the country’s central bank. In its latest weekly report, shipbroker Xclusiv said that “China’s central bank has introduced a wide-ranging…
Dry Bulk Market Could Benefit from China’s Stimulus Read More »
This week’s focus is on the U.S. port congestion amid recent port strikes. The ongoing U.S. port strikes, particularly at the Port of New Orleans, are causing significant congestion and delays. As one of the key Gulf Coast ports, New Orleans hand…
Dry Weekly Market Monitor: US port strikes – New Orleans congestion Read More »