The tanker market enjoyed a solid growth run during the month of December with Aframaxes posting the biggest gains, OPEC said in its latest monthly report. The tanker market experienced a general strengthening trend in December as freight rates in both…
Tanker Market Enjoys Bull Run in December Read More »
The outlook for multipurpose shipping, comprising both breakbulk and heavylift vessels, is brightening despite rising geopolitical risk and economic uncertainty. Drewry forecasts that average earnings will rise 6% in 2020, and despite a mild correction…
Multipurpose shipping earnings to recover 6% in 2020 Read More »
Zim Integrated has emerged as the top performing carrier in the 2019 container shipping Schedule Reliability Report published by eeSea, with the Dominican Republic’s Port of Rio Haina topping the rankings for port reliability performance. Overall, glob…
eeSea unveils 2019 Liner Schedule Reliability rankings Read More »
The shipping industry will have to plan ahead this year, using a number of assumptions and scenarios, which are expected to hurt global trade and cargo demand. For the most part, predicting where the market will be in a few weeks’ time is proving…
Shipping Faced With Series of Uknown Variables in 2020 Read More »
The final quarter of 2019 marked a massive decline of HSFO sales, as the industry transitioned into compliance of the IMO 2020 Sulphur Cap (IMO2020). In Singapore, the world’s largest bunkering hub, the bunker sale landscape saw significant change as t…