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Snapshot of Crude and Product Freight Rates, Supply-Demand

This week’s special focus is on the dirty oil flows from Arabian Gulf origin countries to all destinations, particularly in light of the ongoing...

Lack of Tonnage Plaguing the Ship Recycling Market

The lack of tonnage persisted in the ship recycling markets this past week. In its latest weekly report, Best Oasis (www.best-oasis.com), the world’s leading...

Crude Tankers Entering the Clean Trade Could Have Significant Impact

The product tanker market seems to be in a divergence path with the crude tanker market, after a period of high volatility. In its...

Sudan and South Sudan: A Tale of Two Oil Producers

Among the countries which are contributing to an unstable oil production flow into the global market are Sudan and South Sudan. In its latest...

Global Supply Chain Disruptions Are Impacting Ship Recycling

Older ships’ decommissioning is being negatively affected by the persisting supply chain disruptions. In its latest weekly report, Best Oasis (www.best-oasis.com), one of the...

Positive outlook for carbon shipping amid big push to solve technical challenges

Carbon Capture and Storage (CCS), a promising decarbonization method, requires a value chain for CO2 transport and storage to serve estimated future demands. DNV’s...

Supply Chain Q2’24 Outlook: It’s not just about shipping

Supply chains face constant disruptions like the Baltimore bridge collapse. Despite challenges, logistics adapt, seen in rerouting around the Red Sea disruptions. Political risks...

Middle East Tensions to Impact the Tanker Market

The tanker market is bound to be further impacted by the escalation of the Middle East tensions. In its latest weekly report, shipbroker Xclusiv...

Dry Bulk Market: Capesize C3 Route South Atlantic Overview Supply

According to the Capesize C3 South Atlantic overview provided in the image below, during the third week of April, there was a notable 4%...

Iron ore shipments up 3.8% despite weak Chinese demand

“In the first quarter of 2024, global iron ore shipments rose 3.8% y/y on expectation of strong Chinese steel production which, however, failed to...

LNG Shipping: High Supply Suppresses Rates as Trade Routes Shift

LNG shipping is undergoing major shifts since the start of 2024. In its latest weekly report, shipbroker Intermodal said that “during Q1 of 2024,...

IBIA and BIMCO team up to collaborate on fuel and maritime challenges

IBIA – The International Bunker Industry Association and BIMCO have signed a Memorandum of Understanding (MoU) to collaborate on some of the monumental challenges...

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