Executive Summary The continuing fragility of the security situation in the Middle East has materially disrupted global energy and marine fuel supply chains. As a vital energy corridor, disruption to the Strait of Hormuz has already resulted in vessel …
Marine Fuel Availability: FONAR Friend? Read More »
The resumption of crude oil flows and ships from the Strait of Hormuz is the catalyst of any future move in the tanker market, as oil supply is currently being restricted. Meanwhile, just as things started looking rosier by Friday afternoon, Saturday p…
Tanker Market: All Eyes on Hormuz Strait Read More »
Capesize The market delivered a firm performance over the week, building momentum from a cautious but positive start into a broad-based midweek rally, before showing signs of consolidation at elevated levels by Thursday. The BCI 182 5TC gained over $6,…
Dry Bulk Market: Capesizes Showing Strong Momentum Read More »
Geopolitical tensions, market volatility and an approaching influx of newbuild vessels increase attractions of outsourcing management services for a key market constituency, writes Capt. Anurag Mathur, Managing Director, Wallem Commercial Services Geop…
Ship managers step up with plans for stability Read More »
Last month proved to be a record one for the tanker market. In its latest monthly report, OPEC said that in March, trade disruptions and moves to source alternative crude supplies pushed dirty tanker spot freight rates to record levels. On the West Afr…
Tanker Market Reached Record Levels in March Read More »