More Capesizes have been added to the global orderbook over the past week, according to shipbroker reports. In its latest one, shipbroker Banchero Costa said that “in the bulk sector, China’s Taizhou Kouan Shipbuilding secured an order for 2 x 210,000 …
More Capesizes Added to the Global Orderbook Read More »
The strong rally in crude tanker stocks this year has been driven by a surge in charter rates, underpinned by rising oil inventories due to increased OPEC+ supply. Tanker stocks have gained a significant momentum, particularly crude tanker companies wi…
Will crude tanker stocks continue their upwards momentum? Read More »
Warren Buffett recently affirmed a principle at the heart of global progress: “balanced trade is good for the world,” noting, “the more prosperous the rest of the world becomes, … the more prosperous we’ll become.” His words reflect more than economic …
Global Trade: The Pathway to Economic Prosperity Read More »
As expected, tankers command the largest share of the global sanctioned fleet. In its latest weekly report, shipbroker Xclusiv said that “the global sanctioned fleet now totals 1,387 vessels, dominated by 1,004 tankers — a striking 72% of the overall c…
Tankers Are the Biggest Part of the Global Sanctioned Fleet Read More »
Saudi Aramco’s recent price cut, bringing it to the lowest since August 2023, has intensified competition with the US and boosted its share in the Asian market, leading to dynamic changes in LPG shipping. Drewry analyses the possible impact on the trad…
Swinging LPG market: An in-depth analysis from the price perspective Read More »