The tanker market is in the middle of yet another challenging situation, with predictions of future oil demand growth, now being thrown out of the window. In its latest weekly report, shipbroker Gibson said that “as the crisis in Ukraine escalates, so …
The Capesize market had a mild trading range this week hitting a high of $15,258 and a low of $13,414 to settle Friday at $13,560. While events in Europe have been disruptive, the trading activity was generally back to normal this week as most shipping…
The whole container ship fleet will be affected by the IMO’s new carbon intensity indicator (CII) regulation from next January, but its full impact remains unclear. Clarification on how CII will be implemented in the short run, and how it may tighten a…
Container ship owners need clarity on CII implications Read More »
The current situation in Ukraine is having a direct impact on the shipping markets, with Russian seaborne exports being driven off the market. In its latest weekly report, shipbroker Banchero Costa said that “Russia is the fourth largest seaborne expor…
Russian Seaborne LNG Exports Reached 30.3 Million Tonnes Read More »
The growing stringency in environmental regulation has compelled the maritime industry into a major shift in fuels. Regional and national lawmakers are also demanding a faster energy transition attributed to a changing climate of public opinion, affect…
Fuel flexibility starting with LNG Read More »