Capesize Vessel-Age Share of Tonne-Mile Demand: Iron Ore vs Bauxite Each chart shows the share of the trade’s Capesize tonne-mile demand carried by five vessel-age bands, by year from 2015 to 2026 (year-to-date). The tables below give the share in 2015…
Capesize Vessel-Age Share of Tonne-Mile Demand: Iron Ore vs Bauxite Read More »
Newbuilding ordering activity has kept going strong over the past week. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity remained brisk this week, with contracting spread across the dry bulk, tanker, container and …
Newbuilding Market Still Running “Hot” Read More »
On 20 July, Houthi forces declared a full maritime blockade against Saudi Arabia, closing the Bab al-Mandab Strait to vessels servicing Saudi ports. Following this move, Tanker Xin Long Yang, a Chinese VLCC carrying Saudi crude, turned back towards Sue…
How Conflict in the Middle East is Impacting Maritime Read More »
As Red Sea hostilities continue to force widespread maritime diversions around the Cape of Good Hope, leading bunker company Peninsula is warning of a “perfect storm” for global tanker operators. The unprecedented surge in tonne-mile demand is now inte…
A new China-Europe route could be emerging. In its latest weekly report, shipbroker Intermodal said that “following its successful first trial in 2025, China is set to take a further step towards regular container operations via the Northern Sea Route …
Is a New Container Route Emerging? Read More »