A rapidly improving sentiment among owners has prompted the most active first quarter of the last 13 years, when it comes to newbuilding orders. In its latest weekly report, shipbroker Banchero Costa commented this week that “the newbuilding boom has n…
Newbuilding Orders Are Booming, Reaching 13-year Highs Read More »
As daily earnings for the largest of the dry bulk ship types – capesize – reached USD 28,520 on Friday 16 April, a ten-year-high was attained. However, whereas Fridays’ daily average time charter equivalent earnings (TCE) are seasonally strong, t…
Capesize dry bulk earnings break record on the back of strong 2021-start Read More »
International seaborne transportation is a primary driver of international trade and the global economy, with approximately 80 percent of global trade by volume carried by ships at sea. The shipping sector has experienced steady growth for decades, alt…
Future Fuels in the Maritime Sector – Building the Bridge to Hydrogen Read More »
Bunker lead times have shortened in Singapore and Fujairah, while refinery turnarounds keep fuels remain tight Far East Russian ports. Availability of low sulphur bunker fuels has improved in Singapore this week, with lead times for VLSFO stems droppin…
ENGINE: East of Suez Bunker Fuel Availability Outlook Read More »
Tanker secondhand tonnage is quickly becoming a “hot” commodity in the market. In its latest weekly report, shipbroker Intermodal said that “after a series of months where the dry bulk sector was attracting most of the buying interest, tankers SnP acti…
Tankers Become the “Most-Wanted” Type of Ship in the S&P Market Read More »