Maritime supply chains remain the backbone of the global economy. Eighty percent of global trade by volume, and over seventy percent by value, is transported by sea. Maritime supply...
Capesize The Capesize market experienced steady improvement this week, supported by robust demand and active trading in both the Atlantic and Pacific basins. Starting the week on a stable...
The Wider European refining landscape is under pressure. Margins have suffered due to high volumes of middle distillates arriving from the Wider Arabian Sea, plus robust diesel imports from...
Clean LR2 Tonnage has remained plentiful for MEG LR2’s this week. As a result, we have seen TC1 75kt MEG/Japan drop to less the WS100 for the first time...
Ocean and Key Ports Update In the wake of the Golden Week national holiday period in China, demand out of Asia traditionally weakens with seasonal stock already approaching European...
Shares of Great Eastern Shipping Company fell nearly 8 percent following a weaker quarter-on-quarter (QoQ) performance, pressured by declining revenue and a rise in expenses that further dented profitability....
A sailor who fell overboard from a cargo ship off Australia’s east coast near Sydney has been found alive after spending almost 24 hours stranded at sea. The man...
Asia’s 380-cst high sulphur fuel oil (HSFO) cash premiums slipped for the first time in five weeks, tracking the persistently lower offers in the trading window despite slightly positive...
The Baltic Exchange’s dry bulk sea freight index rose on Friday, buoyed by gains across the capesize vessel segment. The index, which factors in rates for capesize, panamax and...
Orders of new container vessels are up by ~52% year-on-year with 254 new contracts placed in 2024, compared to 167 in the corresponding period of 2023 according to a...
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