Tanker Weekly Market Monitor: Decline in Saudi Oil Flows to China in Q2 2025
In the second quarter of 2025, oil flows from Saudi Arabia to China declined sharply. This downturn can be attributed…
Potential return of container ships to Red Sea following US-Houthi ceasefire announcement could cause global collapse in freight rates, according to Xeneta data
The prospect of a largescale return of container ships to the Red Sea following the announcement of a ceasefire between…
Ageing Global Fleet a Challenge Throughout the Shipping Industry
The challenge of an ageing tonnage across most ship classes, together with an increase in newbuildings, will create a new…
Red Lights Flashing for Car Carriers in 2026/27
Potential USTR port fees of c.$1 mil per voyage for non-US built car carriers entering the US targeting c.95% of…
Seaborne Coal Exports Fall as China Puts a Lid on Imports
China’s coal imports retreated during the first quarter of the year, which in turn took a toll on the global…
Dry Bulk Market: Capesizes Stayed in Negative Territory Last Week
Capesize The Capesize market remained in negative territory throughout the short week, with limited signs of recovery across both basins.…
IMO Net Zero Framework: Clarity is Still Needed to Adress Implementation Challenges
A lot of unknowns are yet to be determined over the next few months and years, in order to the…
USTR Issues Final Section 301 Actions in China Shipbuilding Investigation
On April 17, 2025, the Office of the United States Trade Representative (USTR) issued a final notice of action for…
USTR proposal will make Chinese shipping companies redundant for US cargo
The proposed fee under the USTR framework could render China-owned and China-operated vessels redundant for US trade. This likely triggers…
Tankers: OPEC’s Price Policy Could Boost Rates Down the Line
The latest OPEC+ surprise decision to boost production could boost supply and lead to stronger tanker rates. In its latest…