The ship recycling markets have shown mixed behaviour over the course of the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the Indian market remained positive this week, supported by t…
Ship Recycling Showing Mixed Performance Read More »
The average VLCC ballast speed in the AG area is now edging toward the upper range of 11.9, which aligns with the upward trend in TD3C rates. Amid rising Middle East tensions and geopolitical shifts, TD3C was indicating a soft downward trend into Frida…
Freight Markets at an Inflection Point: Geopolitics, Supply, and Demand Shifts Read More »
The IMO Secretariat has submitted a summarised report on the data collected in 2024 through the IMO Data Collection System (DCS). This data will be reviewed by the MEPC during its next session in April 2026. Drewry’s Energy Transition team closely trac…
IMO DCS 2024: A reality check for shipping Read More »
US LNG exports rose significantly during 2025, with EU importing the most. In its latest weekly report, shipbroker Banchero Costa said that “global seaborne LNG trade grew sharply until 2022, then almost flatlined in 2023-2024, rebounding strongly in 2…
US LNG Exports on the Rise, with EU the Main Recipient Read More »
One of the quieter but more consequential themes to emerge from conversations in Davos this year was not any single policy proposal or statement, but a shared recognition that the architecture of global cooperation is changing. The language of “multila…
BIMCO: A world less joined-up – what does this mean for the future of shipping? Read More »