Maria Angelicoussis’ coalition against IMO greenhouse gas proposals grows to 1,200-ship common front
Full statement expresses concerns about ambitous timeline and a lack of incentives for biofuels and LNG
Fire-hit ships stuck at sea for months as ports refuse entry
Costs mount with negotiations lasting for months to offload damaged cargoes
Product tanker newbuilding contracting drops 86% to nine-year low
“Between January and August, product tanker newbuilding contracting dropped 86% y/y to 2.6 million deadweight tonnes (DWT) representing a nine-year…
Tanker Market Fragmented With Performance Varying
The tanker market is fragmented with each class showing varying performance, as a direct result of changing trade flows. In…
Tanker Weekly Market Monitor: Dirty Oil Flows to China
This week, the spotlight is on the evolving monthly volumes of dirty oil flows, specifically the increasing trend from Saudi…
Shipping’s outdated paper chase
In an age defined by ultra-fast digital transformation, the global trade landscape remains anchored in a bygone era of paper.…
Tanker Market Stages August Recovery
Dirty tanker spot freight rates largely recovered from the previous month’s declines. Suezmax rates saw the strongest gains, up 34%…
Chokepoints under pressure: The fragile lifelines of global energy
Rystad Energy’s latest analysis reveals a growing threat to global energy security as the world’s five most critical maritime chokepoints,…
Dry Bulk Market: Capesizes Move to Higher Ground
Capesize Positive sentiment was observed across both the Atlantic and Pacific basins throughout the week, with the exception of a…
Product Tankers: Demand Could Be Ramping Up
The product tanker market could be set for a respite in the coming months. In its latest weekly report, shipbroker…