The LNG/LPG shipping segment could take a hit from the incremental rise in global energy prices. At the same time, an increased demand for fossil fuels, aka crude oil, could also emerge, boosting demand for crude tankers. In its latest weekly report, s…
High Energy Costs Could Hurt LNG Shipping Demand, But Help the Tanker Market Read More »
“ Shipowners need strategies and practical solutions to stay compliant and commercially competitive, while meeting regulatory and stakeholder requirements for decarbonizing vessel and fleet operations,” says Linda Sigrid Hammer, Principal Consultant, E…
Evaluating future fuel strategies and their design implications for newbuilds Read More »
The WTO is now predicting global merchandise trade volume growth of 10.8% in 2021—up from 8.0% forecasted in March—followed by a 4.7% rise in 2022 (Table 1). Growth should moderate as merchandise trade approaches its pre-pandemic long-run trend. Supply…
Global trade rebound beats expectations but marked by regional divergences Read More »
Tanker owners could receive some positive news from the Russian crude oil export market. In its latest weekly report, shipbroker Gibson said that “after many months of pain, crude tanker owners will finally see an increase in the volume of Russian expo…
Tanker Owners Could Receive Some Respite From the Russian Oil Export Market Read More »
Capesize The Capesize market was in a steep climb for most of this week as it reached a pinnacle of $74,786 Wednesday before stalling, regathering, and then pushing on to $75,190 at weeks end. These heights were last visited in November 2009. The marke…
Dry Bulk Market: Another Week, Another Rally Read More »