With rates for tankers skyrocketing and the first signs of shortages in various parts of the world, it’s obvious that pressures are mounting from the Hormuz closure. In its latest weekly report, shipbroker Intermodal said that “the pressure on Middle E…
Tankers: Is an Oil Shortage Already Underway? Read More »
China’s coal import outlook spans softer buying through broadly sustained recent arrivals, but the effect on shipping will depend on which vessels carry the coal and where it is loaded. Panamax has held up better than Supramax in the first eight months…
China thermal coal import outlook and Indonesian supply assumptions Read More »
The global marine insurance market remains in a stable position, with premium growth strongly supported by a weak USD in hull and cargo. Meanwhile the sector is entering a period of significant change driven by geopolitics, new trade routes, digitalisa…
A week for the record books has just been completed, with many wondering where to from here? In its latest weekly report, shipbroker Gibson said that “the VLCC markets reached unprecedented levels this week, with TD3C surging above $1.2mn/day, TD34 cli…
VLCCs Record Breaking Pace: Where Does the Market Go From Here? Read More »
There comes a point in every regulatory process when the wording is agreed, and a new requirement is adopted. From the outside, that can look like the job is done. In shipping, this is often when the difficult part begins. An owner, manager or other im…
Maritime Regulation Only Works If It Works At Sea Read More »