To say that 2024 was eventful for the tanker market would be an understatement. In its latest weekly report, shipbroker Gibson said that “2024 started with fresh OPEC+ supply cuts and the onset of the EU’s Emissions Trading Scheme, though both of these…
Tankers: The Year in Review Read More »
We know that FuelEU Maritime will ask big questions of the shipping industry because we read about them on an almost daily basis. The trouble for many vessel operators is that they may not be getting the answers they require. FuelEU Maritime is big on …
FuelEU Maritime demands collaboration and data sharing Read More »
Capesize The Capesize market began the week on a positive note but experienced a gradual weakening as the week progressed. Early in the week, signs of optimism were seen in the Pacific and Atlantic markets, supported by improved cargo flows and a short…
Dry Bulk Market: Capesize Market Showing Signs of Optimism Read More »
China is now responsible for 74.4% of global iron ore imports. As such, any shift in demand is having an enormous impact on the market. In its latest weekly report, shipbroker Banchero Costa said that “2023 was a very positive year for global iron ore …
Dry Bulk Market: China’s Iron Ore Imports Read More »
Performance in tankers and dry bulk is likely to remain sound in 2025, with tankers making above-average profits, supported by high tonne-mile demand, while oversupply and easing of disruptions in the Red Sea will put pressure on global container shipp…
Performance of Global Shipping Segments to Diverge in 2025 Read More »