Questions could rise from the impact on the tanker market, in case the approximately 10% of the global fleet, currently sidelined due to sanctions, returned to the market. In its latest weekly report, shipbroker Xclusiv said that “the global tanker mar…
Tankers, Sanctions and the Outdated Sidelined Tonnage Read More »
Using VesselsValue Timeseries, we examine how historical orderbook trends have influenced time charter (TC) rates and asset values for the Capesize segment. The data visualisations underscore the importance of tracking orderbook activity as a key drive…
Capesize S&P Activity Drops ~48% YoY Read More »
The combination of rising Brazilian crude supply, shifting geopolitical dynamics, and price-sensitive Chinese refinery demand has led to a significant increase in VLCC shipments from Brazil to China in recent months. Several new FPSOs (Floating Product…
Brazil to China: The VLCC Trade Route Making Waves in 2025 Read More »
The impending enforcement of the Hong Kong Convention is bringing some turbulence in the ship recycling market, as compliance is a key factor. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “as the…
Ship Recycling Activity Under the Hong Kong Convention Influence Read More »
New research shows propulsion energy saving devices could deliver up to 10% fuel reduction while fewer than 2% of global fleet currently equipped. Demand for advanced propeller retrofits and energy saving devices (ESDs) has nearly quadrupled since 2020…
Demand for propeller retrofits surge four-fold but adoption remains limited Read More »