As 2018 nears its end, more and more ship owners are taking a dip in the S&P market with activity strong across the board. Of course, this activity is also extended in the newbuilding sector as well. In its latest weekly report, shipbroker Allied S…
Ships’ Sales Higher and Higher Read More »
Demand drivers and freight rates This year – 2018 – has delivered as promised. The improved fundamental market conditions in the first three quarters of 2018 have seen the Baltic Dry Index (BDI) rise significantly – up by 24%, 25% and 41% in Q1, Q2 and…
The CIMAC Fuels working group consists of experienced stakeholders representing refiners, suppliers, OEMs, ship operators, fuel testing labs, classification societies etc. as listed below. This statement has been made to update the marine industry on h…
CIMAC statement on 2018 marine fuel incidents Read More »
After the Iranian sanctions, another factor which could shake things up in the tanker market is the fall in Venezuela’s oil production. In its latest weekly report, shipbroker Gibson said that “to say its been tough for Venezuela in recent …
Iran and Now Venezuela Are Shaking Things Up in the Tanker Market Read More »
Demand drivers and freight rates Some 13.7 million TEU were shipped globally in September, bringing the full year total up to 125.2 million TEU. While that is an improvement of 4% for both the month (year on year) and year to date, the growth rate has …
Container Shipping: Slow growing demand is a constant challenge Read More »