Tanker newbuilding orders have remained on the low-end of things during 2019, similar to the past few years, but are already higher than 2018, in a sign of increased investment “appetite”, most notably in the product tanker segment. In its latest weekl…
Tanker Newbuildings Low in 2019, but Still More than 2018 Read More »
In the maritime world conversations among professionals soon turn to China, reflecting the country’s pervasive influence. After rapid enlargement during the past two decades, this presence is at the forefront of both the demand and supply sides of many…
China’s all-embracing maritime influence Read More »
BIMCO expects freight rates will once again come under pressure after the end of the high seasonal demand in Q4, as well as the boost from the sulphur cap. The fleet growth of 6.3% in the crude oil tanker market and the 4.8% growth in the oil product f…
During the past few weeks, debate regarding the best solution to lower shipping emissions has intensified, with one side claiming that slow steaming is a viable option, while the other argues against this. GreenSteam’s Chief Operations Officer, S…
Capesize After a week of value being eroded on the Capesize market, Friday brought improved sentiment across most of the routes. The 5TC average opened the week at $20,970 and closed out Friday up $580 to settle at $18,930, illustrating clearly the det…
Dry Bulk: Capesize Market Ends Week With Slight Improvement Read More »