Europe witnessed a 10% increase in crude oil imports in May 2025, likely due to refineries completing maintenance ahead of schedule, boosting crude demand. This period also saw a notable change in import origins, with a decrease in volumes from the Uni…
The international steel market is experiencing a period of upheaval, as escalating excess capacity and market-distorting policies continue to reshape global trade flows. The May 2025 OECD Steel Outlook 2025 report casts the trade stresses in a sobering…
Excess steel capacity fuels trade tensions Read More »
Newbuilding ordering activity has been rather active in the container shipping market, with bulkers being the main focus of the second hand market. In its latest weekly report, shipbroker Banchero Costa said that “in the Container sector Chinese builde…
More Newbuilding Orders for Container Ships, as Dry Bulkers Dominate Second Hand Market Read More »
With the recent implementation on 1st May 2025, of a new Emission Control Area (ECA) in the Mediterranean Sea, the question arises, will we see an increase in demand for marine gas oils/distillates? If so, will a higher demand result in a lower quality…
Distillate Fuels: The “Trouble-Free” Marine Fuel? Read More »
The decision of the U.S. Court of International Trade to deem Trump’s sweeping tariffs as unlawful is good news for shippers – but it could signal the beginning of the next era of confusion in global supply chains. Insight from Emily Stausbøll, Xeneta …