Clarksons Research, the data and analytics arm of the Clarksons Group have been closely monitoring shipping activity and markets impacted by the conflict. Summarising their latest update issued today at 10.00 am 30th March, Steve Gordon, Global Head of…
Middle East Conflict: Straits of Hormuz Transits 95% Down says Clarksons Research Read More »
The tanker market could be heavily impacted by the aftermath of the current energy crisis, as nations could speed up their search for alternative fuels, moving away from their heavy dependance from hydrocarbons. In its latest weekly report, shipbroker …
Tankers: Demand for Alternative Fuels to Increase Read More »
Capesize The market began the week under pressure, with broad-based softening across both basins before staging a measured recovery to finish marginally firmer overall. Early sentiment was undermined by a lack of conviction, most notably in the Pacific…
Dry Bulk Market: Capesizes End The Week in Recovery Mode Read More »
Shipping companies are spending an extra €340 million a day in additional fuel costs as a result of the latest conflict in the Gulf, new T&E analysis shows. As 99% of the global fleet runs on fossil fuels, the industry is directly exposed to fuel p…
Iran conflict costing shipping industry €340 million a day Read More »
The existing situation in the tanker markets could be leading towards a long-term disruption with unknown variables. In its latest weekly report, shipbroker Xclusiv said that “the past week has confirmed that the disruption in the Arabian Gulf is no lo…
Tanker Market: Freight Spikes and Disruption Becoming the Norm Read More »