The tanker market is facing significant crossroads in the weeks and months to come. In its latest weekly report, shipbroker Allied said that “the crude oil tanker market has managed to make successive gains these past few months, with a fair improvemen…
Tanker Market In Crossroads Read More »
Every year, as much as 90% of worldwide trade passes through the maritime transport system. This means that the movement and safe delivery of almost all of our vital foods, medicines, and technologies relies on the dedication of a vast, diverse, and gr…
Navigating the perils of seafarer salary payments – how fintech is finally catching up Read More »
Clarksons Research have released the latest version of their long standing annual review, LNG Trade & Transport, on to Shipping Intelligence Network. Recent geopolitical turmoil and focus on ‘energy security’ has placed the LNG sector a…
The tanker market’s biggest threat at present could be a looming recession, which could further hurt oil demand. On the other hand, an increase in ton-mile demand, at least for the short and mid-term could act as a counterbalance, with slowsteaming ent…
Will a Recession Bring Tanker Demand Down? Read More »
Capesize The Capesize market had a forgettable week for owners as rates slipped away, closing the week below $15,000 on the 5TC. The Pacific and Backhaul trade saw some particularly sharp declines as charterers took full advantage of the weaker sentime…
Dry Bulk Market: Capesizes Had a Forgettable Week Read More »