An increase of supply of crude oil from the Arab Gulf and a resulting need for additional infrastructure in terms of ports and pipelines could result in a heightened use of VLCCs in the region. In its latest weekly report, shipbroker Gibson said that “…
VLCCs Could Enjoy Increased Supply of Cargoes from Arab Gulf Read More »
Container imports on both the US East Coast (USEC) and West Coast (USWC) had a strong year in 2018, growing 3.7% and 8% respectively in the first 11 months of the year compared to the same period in 2017. Record high levels of inbound laden containers …
US Container Imports Break Records But Uncertainty Lies Ahead Read More »
“We believe that the industry’s supply-demand balance will benefit from a reduced appetite for Ultra Large Container Vessels (ULCVs) among the major carriers, some of which now have their eyes fixed on a bigger prize of becoming global logistics integr…
Battle for the supply chain to aide container supply-demand balance Read More »
The debate over the strategy with the best results, when it comes to complying with the 2020 IMO rules for the use of lower sulphur fuels on the existing fleet is still raging. In a recent press event, the Piraeus office of DNV GL, which also acts as t…
Capesize Dashed hopes summed up the first full week of the New Year. A slow start followed by a busy 24 hours of improving rates and a firming FFA market fuelled positive sentiment, only to see both paper and physical sales slide the next day. West Aus…
Dry Bulk Market Still Slow Off Its Tracks in 2019 Read More »