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Tanker Market: US Oil Exports At the Epicenter of Trade Shifts

The escalation of the trade war between the US and China is about to bring significant changes in crude ton/mile demand as US crude freights could soon be moving away from China and heading towards India, South Korea, Thailand and Taiwan. In its latest weekly report, shipbroker Gibson said that “when Donald Trump decided to ......


Dry Bulk Market: Things Are Looking Perky

Capesize A shaky start to the week in Asia where rates on the key West Australia/China run lost almost 90 cents dropping to $8.30. However, ongoing interest from the miners and operators saw levels regain ground with the expectation of over $9.00 on the cards, with some suggesting timecharter business was done, which equated to ......


CEIBA – Is She the Future of Shipping?

Debatably, the short answer is, yes. She and other ships like her, as well as adapted modern cargo ships, will have to become the norm for trading goods across the ocean at the rate we do now if we want to see a sustainable future for the shipping industry. We live in a globalised world, ......


Tankers: Slight Improvement in Market Sentiment During June

In its latest monthly report, OPEC commented on the tanker market, that during June, crude oil tanker market sentiment strengthened slightly as average spot freight rates increased on most reported routes, albeit at varying levels. On average, dirty tanker freight rates were up by 3% from the month before. “Average spot freight rates for VLCC ......


Towards Zero Emissions: Environmental Outlook

While the world is struggling to live up to its commitment to limit climate emissions, new data indicate that climate change may be more severe and occur more rapidly than anticipated earlier. The IMO is looking for ways to make shipping climate-neutral over the next decades. DNV GL gives an overview of the status of ......


Competition watchdogs and the forces shaping shipping

High-street retailers in Western Europe held their breath in September 2016 when container ships bringing goods from Asia due to fill their shelves at the peak Christmas shopping season were suddenly left stuck in ports halfway. Some ships were even stranded at sea. Hanjin, the South Korean shipping line, had filed for bankruptcy, weighed down ......


Marine News:

Tanker Market: US Oil Exports At the Epicenter of Trade Shifts

The escalation of the trade war between the US and China is about to bring significant changes in crude ton/mile demand as US crude freights could soon be moving away from China and heading towards India, South Korea, Thailand and Taiwan. In its latest weekly report, shipbroker Gibson said that “when Donald Trump decided to ......


Dry Bulk Market: Things Are Looking Perky

Capesize A shaky start to the week in Asia where rates on the key West Australia/China run lost almost 90 cents dropping to $8.30. However, ongoing interest from the miners and operators saw levels regain ground with the expectation of over $9.00 on the cards, with some suggesting timecharter business was done, which equated to ......


CEIBA – Is She the Future of Shipping?

Debatably, the short answer is, yes. She and other ships like her, as well as adapted modern cargo ships, will have to become the norm for trading goods across the ocean at the rate we do now if we want to see a sustainable future for the shipping industry. We live in a globalised world, ......


Tankers: Slight Improvement in Market Sentiment During June

In its latest monthly report, OPEC commented on the tanker market, that during June, crude oil tanker market sentiment strengthened slightly as average spot freight rates increased on most reported routes, albeit at varying levels. On average, dirty tanker freight rates were up by 3% from the month before. “Average spot freight rates for VLCC ......


Towards Zero Emissions: Environmental Outlook

While the world is struggling to live up to its commitment to limit climate emissions, new data indicate that climate change may be more severe and occur more rapidly than anticipated earlier. The IMO is looking for ways to make shipping climate-neutral over the next decades. DNV GL gives an overview of the status of ......


Competition watchdogs and the forces shaping shipping

High-street retailers in Western Europe held their breath in September 2016 when container ships bringing goods from Asia due to fill their shelves at the peak Christmas shopping season were suddenly left stuck in ports halfway. Some ships were even stranded at sea. Hanjin, the South Korean shipping line, had filed for bankruptcy, weighed down ......


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