This week’s focus is on the volatility of dirty oil flows from the Baltic Sea’s upper region. Russian exports through this corridor have faced pressure after Ukrainian drone strikes on terminals and pipelines introduced new uncertainty into expor…
Weekly Tanker Market Monitor: Baltic Sea Flows Under Pressure Read More »
Uncertainty is still prevalent among the shipping industry, when it comes to the enforcement of the USTR directive aimed at restricting Chinese-built ships from calling on US ports. In its latest weekly report, shipbroker Gibson said that “in April, th…
Capesize The Capesize market closed the week on a distinctly firmer footing, with gains building across both basins. The BCI 5TC advanced steadily, rising from just over $26,000 at the start of the week to $28,504 by close of play. The Pacific regained…
Dry Bulk Market: Capesizes Building Momentum Read More »
The Marine Environment Protection Committee (MEPC) will meet for its 2nd extraordinary session at IMO headquarters in London to discuss the adoption of the IMO Net-Zero Framework. The IMO Net-Zero Framework refers to a new set of draft international re…
IMO Marine Environment Protection Committee, 14 – 17 October 2025 Read More »
Ship owners have been keeping even obsolete ships from scrapping so far this year, as the cashflows they produce are significant. In its latest weekly report, shipbroker Xclusiv said that “ship demolition activity over the past five years reveals a cyc…
Ship Owners Keep Older Vessels For More Read More »