Capesize The market delivered a firm performance this week, characterised by early strength, a mid-week surge and a measured correction thereafter. Positive momentum was established in the Pacific, where steady miner activity and tightening tonnage lis…
Dry Bulk Shipping: Capesizes Gaining Momentum Read More »
Major carrier CMA CGM has announced its INDAMEX service will transit Suez Canal on fronthaul and backhaul voyages between India/Pakistan and US East Coast in a notable step towards a largescale return of container ships to the Red Sea region. The first…
Despite this year’s rebound in seaborne LNG exports, it seems that Australia is going backwards, losing further ground to the US and Qatar. In its latest weekly report, shipbroker Banchero Costa said that “global seaborne LNG trade was rather flat in t…
LNG Shipping: Australia Losing Market Share Read More »
The maritime world is still coming to terms with the shift brought about by the introduction of FuelEU Maritime. But while the regulation’s technical challenges have captured headlines, the true upheaval is unfolding in the legal departments and boardr…
Commercial complications of FuelEU Read More »
A data-driven review facilitated by the Floating Storage platform report shows the seasonality of floating storage since 2022 across VLCC, Suezmax, and Aframax fleets, the surge in Iranian-linked storage off Malaysia, and future outlooks marked by pers…
Floating Storage Hits Three-Year High Read More »