Potential redirection of Venezuelan crude oil exports could boost already high tanker rates in the near to medium term due to a shift to the mainstream fleet from shadow tankers, Fitch Ratings says. Any shift in the transportation of Iranian oil from t…
Tanker Shipping Rates May Rise due to Venezuelan Oil Redirection Read More »
Ship owners have been quite active both in the newbuilding and the S&P markets over the past few days. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, Hong Kong-based owner Seacon Shipmanagement placed an order…
Ship Owners Flock Towards the Newbuilding Market Read More »
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…
Commodity Radar: China continues to target export markets Read More »
With 2025 volumes nearly counted, Drewry’s upgraded Intra-Asia Container Market Insight, which now supports port, country and region level insights, reveals that the China to Vietnam market remains the most important country-to-country trade flow in th…
China to Vietnam container trade volumes retain top spot in 2025 Read More »
Seaborne trade through the Arctic is growing steadily over the last few years, in what could be a significant factor of the latest Greenland debacle. In its latest weekly report, shipbroker Intermodal said that “Donald Trump brought the Arctic into the…
Arctic Shipping On the Rise: A New Trade Route Ahead? Read More »