Shipbrokers and market delegates are debating as to whether the current dry bulk market’s demise is an aftermath of the pandemic, or if more structural damage has been done, which could the market remain depressed for many more months. In its latest we…
Dry Bulk Market: Is a V-Shaped or a U-Shaped Recovery Underway? Read More »
The European Commission has published the first annual report on CO2 emissions from maritime transport. The report analyses the CO2 emissions and energy efficiency information of all the ships over 5,000 gross tonnage, which performed maritime transpor…
Commission publishes first annual EU report on CO2 emissions from maritime transport Read More »
Geopolitical tensions have now eased, leaving freight rates to feel the full effects of the weak underlying market and falling demand. Tanker shipping looks set to be under pressure for the rest of the year. Demand drivers and freight rates The tanker …
Tanker Shipping: Sky High Freight Rates Replaced By Reality Of Falling Global Oil Demand Read More »
As the benefits of the “contango” plays have started to evaporate during the past couple of weeks, tanker owners are beginning to take notice of the latest fundamentals to determine the future course of freight rates. As it turns out, things are pretty…
Uncertainty is Starting to Set in the Tanker Market Read More »
The commercial shipping industry moves about 90 percent of global trade. Over 2 million seafarers and maritime personnel keep this backbone of the global economy flexibility moving. In normal times, more than 100,000 workers move in and out of the worl…
Shipping Needs Unity Now, Collaboration Moving Forward Read More »