Recorded Black Sea steel loadings declined sharply in Q3 2026. Volumes, including scrap, fell 65.6% y/y to 0.65 Mt across 51 voyages, compared with 129 in Q3 2025. The year-on-year decline deepened through the quarter: July −28.0%, August −80.6%, and S…
Black Sea Steel Flows Weaken as Shipping Risks Rise Read More »
Newbuilding activity has remained rather strong over the past week. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity this week was spread across the bulk carrier, tanker, gas carrier and car carrier sectors. In the…
Newbuilding Activity Going From Strength to Strength Read More »
Ship owners are at a crossroads. They are being asked to make long-term capital commitments in conditions of genuine uncertainty. Many of the fuels needed to comply with environmental regulations in the long term are not available at the scale needed. …
Oil tanker markets sit at the centre of geopolitical turmoil, and this year that has translated into record-breaking freight rates as the conflict in the Middle East drags on. Tankers have been caught up in sanctions regimes and repeatedly targeted in …
Record-breaking tanker rates pile pressure on already high fuel prices Read More »
The clean tanker trade is reaping the benefits of the latest developments in the diesel market. In its latest weekly report, shipbroker Intermodal said that “the diesel market saw a series of notable developments last week, against a backdrop of elevat…
Diesel Availability a Boost for Product Tankers Read More »