All signs point towards a 2023 boom year for the tanker market. In its latest weekly report, shipbroker Intermodal said that “while crude tanker freight rates have made a fair bit of gains, especially during the 2H2022, the market holds ample optimism …
Tankers Primed for Success During 2023 Read More »
Of the 68 carbon pricing schemes currently operational worldwide, very few cover shipping. Yet there is scope for carbon pricing to be successfully applied to the shipping sector, if predictability, scalability and the technical readiness of zero-emiss…
Is shipping ready for carbon pricing? Read More »
Container values have continued to fall across all sub sectors and age categories in Q4 of 2022. Sale and purchase transactions have dropped steadily across each quarter of the year. In Q4 to date, only 25 sales have been reported, a drop of c.81% year…
Containers values continue to soften Read More »
The newbuilding ordering activity has been lower over the course of the past week, as is the case, traditionally, during the Festive period. In its latest weekly report, shipbroker Allied Shipbroking said that “this week showed a considerable decrease …
Newbuilding Activity Declines as Holiday Season Approaches Read More »
2022 saw a record boom in crude and product tanker freight rates. Geopolitical tensions between Russia and Ukraine reshaped the macroeconomic scene and we entered a new era of changed seaborne oil trade flows. December 5, 2022, was the day the new era …
Crude Tanker Market Ends 2022 on a High Read More »