There could be a shift in fortunes in completely opposite directions for various parts of the product tanker market in the weeks to come. In its latest weekly report, shipbroker Intermodal said that “with the Western sanctions on Russia’s oil products …
Product Tankers: Mixed Fortunes for MRs and LR2s Read More »
In our recently published addendum to Financial Health Check, we have reassessed container industry prospects and profitability in view of changes in market dynamics. Amid falling spot freight rates, we have significantly reduced the industry profitabi…
Container shipping stock prices resilient despite falling spot rates Read More »
More than 120 executives from finance departments of shipping companies had the opportunity to meet, exchange views and be informed by PwC’s experienced consultants on recent developments in the industry, emerging accounting and financial issues,…
PwC Greece: Annual PwC Update for Shipping Industry Finance Professionals 2023 Read More »
The looming completion of West Africa’s Dangote refinery is expected to have a significant impact on crude and product tanker flows to the region. Already though, a shift is expected due to the fact that EU exports of products is about to decline, due …
West Africa Oil and Products Imports Facing Structural Shifts Read More »
Capesize It has been a relatively quiet week, with a mild degree of adjustments from both basins. The average of the 5 Capesize timecharter routes eventually broke the $4,000 threshold on the last day of the week, pricing at $4,033, which is about a 15…
Dry Bulk Market: Capesizes Stage a 15% Rebound Read More »