Dry bulkers and tankers have been the main investment focus by ship owners over the past week. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity remained active this week. In the tanker sector, Nanjing Tanker Corp. …
Shipowners Investing in More Vessels Read More »
Introduction This risk alert outlines the heightened operational, commercial and contractual risks for LNG carriers when extended congestion or standby conditions disrupt normal boil-off gas management, often leading to increased boil off gas (BOG) exp…
Asia-Europe container freight rates are falling as port congestion in Asia pushes carriers back toward the Suez Canal, according to Sogese’s September Europe Container Market Update. Drewry’s 3 September World Container Index (WCI) put the …
The EU ETS is expected to keep impacting shipping both in the near and in the long term, following the latest gas price increases. In its latest weekly report, shipbroker Intermodal said that “the EUA market maintained its upward trend in August, despi…
Shipping: The EU ETS and the Energy Complex Read More »
The defining feature of the current asset market is not limited to five-year-old tonnage trading above newbuilding prices. Repricing spans the entire age curve and intensifies with vessel age. VLCC values are up 30% year-over-year at five years, 42% at…
Vintage Tonnage Captures the Freight Premium Read More »