Capesize The Capesize market started the week slowly due to the Hari Raya Puasa holiday in Singapore but gained momentum as trading resumed. The Pacific saw a midweek rebound, driven by strong C5 activity, with all three miners fixing in the low $9s. A…
Dry Bulk Market: Capesize Sentiment Turning Bearish Read More »
A new report from the ITF Seafarers’ Trust (ITFST) and the World Maritime University (WMU) highlights the continuing absence of shore leave for the world’s seafarers. Analysing the data from 5879 seafarers who responded to the ITFST’s Shore Leave Surve…
Shore Leave: Rare, Brief and in Danger of Extinction Read More »
Global seaborne oil trade has worsened since the start of the year, with EU crude oil imports also on the retreat. In its latest weekly report, shipbroker Banchero Costa said that “after a positive 2023, when global crude oil loadings increased by +4.6…
Tanker Market: EU Crude Oil Imports Slowed Down Since the Beginning of 2025 Read More »
The global maritime industry is holding its breath as the International Maritime Organisation (IMO) races against time to finalise its crucial mid-term greenhouse gas (GHG) reduction measures. With the critical Marine Environment Protection Committee m…
IMO GHG talks hit critical juncture Read More »
The container freight market is undergoing significant changes that could have major implications for global trade flows. The latest UNCTAD report estimated that global trade saw a record expansion to $33 trillion in 2024, an increase of 3.7% from 2023…
FBX Index April 2025: Container freight volatility rises amid trade disruptions Read More »