The growth in cargo owners’ willingness to pay (WTP) a premium for green shipping is slowing in a market that remains largely unregulated and reliant on voluntary actions. As a result, the previous momentum toward zero-carbon shipping is stagnating. As…
The $10 Billion Opportunity in Green Shipping Read More »
The domestic oil market in Nigeria after the operational status of the Dangote refinery, is forming new demand characteristics in the product tanker market. In its latest weekly report, shipbroker Gibson said that “after countless setbacks, unexpected …
Product Tankers: Navigating Nigeria’s Oil Trade Read More »
The trade war which has been sparked by the new US administration is set to have an impact in dry bulk trade flows. In its latest weekly report, shipbroker Banchero Costa commented that “the new government of the USA appears serious in its intention to…
Dry Bulk Shipping: The Aftermath of the New US Trade Policies Read More »
The maritime industry is once again bracing for a year of profound transformation. According to an analysis by ING, 2025 is set to be a period of “tumultuous” year, characterised by heightened “trade disruption risks”. Underscoring th…
Shipping’s 2025 outlook brims with uncertainty Read More »
In the latest issue of Drewry’s LPG Forecaster, LPG trade is projected to increase only 1.4%, while US LPG exports are likely to jump 6% in 2025. As we saw in 2024, the 14% surge in US LPG exports caused terminals to operate near their capacity, leadin…
LPG trade growth will be curbed in 2025 due to US terminal capacity limitations Read More »