The tanker market is already experiencing significant changes, as a result of the war in Ukraine, with trade being disrupted and crude flows expected to shift. In its latest weekly report, shipbroker Gibson said that “yesterday’s sudden invasion of Ukr…
Tanker Trade: What Does the War In Ukraine Mean? Read More »
Capesize The Capesize market did get off to a positive start this week as rates were building strongly off improved sentiment. But as events in Europe took hold, the market abruptly changed course. The Capesize 5TC reached a high of $18,181 Wednesday b…
Dry Bulk Market: Capesizes Suffer from Ukraine Development Read More »
Despite the long road that lies ahead, after years of lobbying efforts there is finally a shift in the collective mindset of the shipping industry to put more emphasis on its carbon footprint. This report highlights key regulations, actions and initiat…
Shipping’s Green Future: Decarbonisation Digest Read More »
The main trend in the newbuilding market this year, has been following the same line as in 2021. This means that container ships and LNG tanker are the main ship types in demand. In its latest weekly report, shipbroker Intermodal said that “the newbuil…
Container Ships and LNG Tankers Are Dominating the Newbuilding Market Read More »
However it’s sliced, at best the oil market faces a mid-cycle slowdown and at worst an end-cycle recession. That was the sobering message from John Kemp, senior market analyst at Reuters, speaking at the Baltic Exchange Tanker Market Insights Webinar a…
Tanker market faces crunch time Read More »