The gradual electrification of the global vehicle fleet could bring a structural shift in the tanker market in the long run. But, will that be the case? In its latest weekly report, shipbroker Gibson said that “electric vehicles (EVs) can rightfully cl…
Can The Transition Towards EVs Hurt the Tanker Market? Read More »
Capesize The Capesize market inched higher this week as increased activity continues to lift expectations with the 5TC closing at $19,874, up 3,660 over the week. The Atlantic remains the more optimistic region. However, closing the week it looks like …
Dry Bulk Market: Capesizes Edge Higher This Week Read More »
The carrier industry is now entering a period of managed decline; capacity management will be key to deciding how much of the super-cycle gains the carriers hold on to, says Drewry in its latest Container Forecaster report. Carriers didn’t really have …
Drewry: Managing the decline Read More »
The tanker market is about to enter a new era of increased volatility to go hand-in-hand with the changes in the crude oil market as well. In its latest weekly report, shipbroker Intermodal said that “amid the looming western sanctions on Russia, the c…
Current Geopolitical tensions To Shape the Tanker Market for Years to Come Read More »
One might reasonably have thought that the decarbonisation regulations and IMO goals, together their impending deadlines would have started to make an impact. In fact, gross carbon emissions are rising – they rose by 4.9% just last year. It is clear, t…