Once deployed primarily in response to short-term supply disruptions, FSRUs are increasingly being repositioned as long-term infrastructure. As LNG markets expand and energy systems evolve, their role is being reshaped by the need for flexibility, fast…
FSRUs gaining strategic importance in a changing LNG landscape Read More »
Newbuilding orders in the tanker market, particularly for larger tonnage, has been a notable trend of 2026 so far. In its latest weekly report, shipbroker Gibson said that “the Strait of Hormuz has been largely blocked since late February but despite a…
Tankers Newbuilding Ordering Spree, a 2026 Dominant Trend Read More »
The tanker market’s growing uncertainty is changing the ordering patterns in the 80–120,000 dwt segment, known as the Aframax in crude and LR2 in product tankers. Traditionally, shipowners looking to transport crude oil opted for Aframax tankers, while…
Flexibility wins: Orders shifting from Aframax to ‘coated Aframax Read More »
Capesize The market endured a challenging week, with sentiment deteriorating steadily as limited enquiry and a lack of sustained cargo volume weighed on both basins. The BCI 182 5TC fell from $42,798 at the start of the week to $37,251 by the close, re…
Dry Bulk Market: Capesizes Faced a Challenging Week Read More »
Dirty tanker spot freight rates remained elevated in May, although down from the record highs registered in March, OPEC said in its latest monthly report. Increased long-haul demand supported VLCC spot freight rates. The repositioning of tankers made m…
Tanker Market Stays Elevated in May Read More »