A 5% increase in global steel exports in 2025 was driven by a surge in Chinese exports. Steel flows in 2025 are 5% higher than in 2024. China has driven the increase in outward steel flows, as its exports rose by 19%. Elsewhere, outward steel flows fel…
Signal Group Spotlight: Steel Seaborne Trends Read More »
The product tanker market has entered the new year in a more positive note, than perhaps initially expected. In its latest weekly report, shipbroker Affinity Research said that “at times in December, the AG LR list looked long, and sceptics were projec…
Product Tanker Market Prospects Looking Rosy at the Start of 2026 Read More »
The US military’s ouster of Venezuelan President Nicolás Maduro could significantly redraw global crude flows, and although the ultimate direction of Venezuelan oil exports remains highly uncertain, any shifts in these flows will materially influence c…
Venezuelan crude redirection to the US: A net positive for Crude tankers Read More »
Global seaborne iron ore exports climbed to a near-record 38.50 Mt in the week ending 28 December, as miners expedited quarter-end shipments for reporting purposes. Rio Tinto led the charge, with loadings surging to a three-year high of 7.72 Mt, while …
2025 Dry bulk carrier earnings lag 2024 across all classes despite strong H2 performance Read More »
Another layer of uncertainty has been thrown to the already fluid state of the tanker market, after the latest developments in Venezuela. In its latest weekly report, shipbroker Gibson noted that “if anyone expected 2026 to be less eventful than 2025, …
Tanker Market: Venezuela’s Oil Throws Another Layer of Uncertainty Read More »