China’s latest measures to support its economy should lead to a short-term bounce in crude oil demand, however the long-term impact is expected to be muted. In its latest weekly report, shipbroker Gibson said that “Chinese oil demand has been underwhel…
Tanker Market: The Impact of China’s Stimulus Could be Muted Read More »
The IMO’s Marine Environment Protection Committee 82nd meeting has concluded with a large amount of work remaining. However, negotiations are still on track for an agreement on a new MARPOL text (Chapter 5 of MARPOL Annex VI) that enshrines new mid-ter…
The Capesize market experienced a steady decline throughout the week, marked by softening conditions across both the Atlantic and Pacific basins. In the Pacific, early week activity from the miners and operators saw some momentum, but as the Golden Wee…
Dry Bulk Market: Capesize Market Weakened Last Week Read More »
LPG imports from the EU have been on the rise so far in 2024, reversing last year’s downward trend, although not entirely. In its latest weekly report, shipbroker Banchero Costa said that “global LPG (liquified petroleum gas) trade has been steadily re…
EU LPG Imports on the Rise Read More »
This week’s chart highlights a notable decline in the quarterly vessel count for dirty tanker transits through the Red Sea, underscoring growing concerns over the region’s shipping activity. The 7-day Moving Average (left chart) shows a clear downward …
Tanker Weekly Monitor: Dirty Tankers – Red Sea Read More »