Ship owners have taken a step back from placing more newbuilding orders, attempting to assess the current market conditions, ahead of expected turbulence. In its latest weekly report, shipbroker Intermodal said that “as the first quarter of the year co…
Shipping Fleet Renewal Takes a Back Seat For the Time Being Read More »
Huge US tariffs on imports from China, Vietnam, Cambodia, Taiwan, the European Union and other countries will reshape trade and international transport. But to what extent? Drewry has looked at the impact of the previous US tariffs against China by the…
Trump’s tariffs will reshape trade and international transport Read More »
The United States and European Union are in a trade conflict, with the US threatening 200% tariffs on European alcoholic beverages, while the EU plans to retaliate. All of this could drive inflation and hurt consumers. The US has also imposed a 25% tar…
FBX Index April 2025: Trade conflicts results in overall market decline Read More »
In the aftermath of Liberation Day, tanker market participants are still trying to evaluate the potential impact. In its latest weekly report, shipbroker Gibson said that “on Wednesday the 2nd of April, the much-anticipated Liberation Day came to pass….
Tankers: Can Oil Escape a Global Trade War? Read More »
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 »