Capesize The market endured a sustained and broad-based decline through the week, with the BCI 182 5TC falling from $37,618 at Monday’s close to $29,464 by Friday. Persistent selling pressure across both basins drove rates lower, with sentiment deterio…
Dry Bulk Market: Capesizes Declined Slightly Last Week Read More »
This week’s Tanker Market Monitor examines divergence in VLCC sailing speeds, regional vessel supply, and freight earnings. In the Arabian Gulf, ballast vessels are accelerating while laden ships are slowing, with no clear improvement in overall voyage…
Faster Ballast, Slower Laden: VLCC Supply Signals Diverge Read More »
Dirty tanker spot freight rates surged in September across all vessel classes, as trade dislocations, export inefficiencies and longer voyages kept tanker availability constrained, OPEC said in its latest monthly report. VLCC rates were close to doubli…
Tanker Market Moved Higher in September Read More »
Schedule reliability has fallen to near record lows in recent months, while port congestion has built up. In this opinion piece, Drewry experts draw the main lessons from the operational problems of the 2026 peak season to inform concerned shippers, fo…
The English Court of Appeal’s recent decision in Batavia Eximp & Contracting (S) Pte Ltd v Pedregal Maritime SA [2026] EWCA Civ 1158 provides an important reminder of the distinction between obtaining security for a maritime claim and preserv…
Security doesn’t stop time bars Read More »