Ship Recycling Markets Still Downbeat
The ship recycling market remained in a downtrend over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com),…
BIMCO: Crude Tanker Shipping Market To Tighten Slightly in 2025, Products to Soften
Supply/demand balance For 2025, we forecast a slight strengthening of market conditions for crude tankers and a slight weakening for…
Dry Bulk Shipping: Second Hand Prices Reach Year-to-date Highs
In its latest weekly report, shipbroker Xclusiv said that “as we approach the end of 2024, we observe that dry…
A new era of trade uncertainty
Moody’s latest Global Macro Outlook 2025-2026 paints a sobering picture of the global economy. While the short-term outlook appears stable,…
Dry Weekly Market Monitor: Capesize Market
This week’s highlight delves into the evolving dynamics of Capesize ballasters in the South Atlantic and West Australian markets. Notably,…
Tankers: China’s Crude Oil Imports Slightly Lower This Year
Crude oil imports have been growing this year, albeit at a smaller rate than 2023, with China, the world’s leading…
Another tariff curveball from Trump – this is how shippers can prepare for a chaotic and unpredictable 2025
Donald Trump’s announcement on Monday of an additional 10% tariff on all China imports and 25% from Canada and Mexico…
Dry Bulk Market: Capesize Market Faces Headwinds
Capesize The Capesize market experienced a turbulent week, marked by a mix of sporadic positivity and mounting downward pressure. The…
Tankers: Is Mexican and Canadian Crude Oil in Peril from Trump’s Tariffs?
A potential tariff threat could be looming for over 4.5 mbd of crude oil entering the US from Mexico and…
Tankers: The China Factor in Full Effect
China’s recent decision to grant additional crude oil import quota to refiners is bound to have an impact on the…