Demand for oil cargoes headed to India has taken a turn for the worse, as the country with the second largest population is grappling with the effects of the coronavirus. In its latest weekly report, shipbroker Banchero Costa said that “India is now the second most affected country in the…
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India is gearing up to become a major player in seaborne oil demand, offering a valuable boost in the tanker market. In its latest weekly report, shipbroker Gibson said that “like most…
S&P Global Platts has expanded the port basis in its Marine Fuel…
Shipping is being dealing with a double-edged sword lately, as it is…
With the global economy and trade expected to develop rapidly in the post-pandemic period, shipbrokers expect that the dry bulk market and more specifically, freight rates for mid-sized bulkers could be the…
This year, tanker shipping will not benefit from the usual strong winter seasonal effect. Though the new lockdowns being introduced in many countries are less strict than in the spring, the effect…
Demand for oil cargoes headed to India has taken a turn for the worse, as the country with the second largest population is grappling with the effects of the coronavirus. In its…
India is gearing up to become a major player in seaborne oil demand, offering a valuable boost in the tanker market. In its latest weekly report, shipbroker Gibson said that “like most…
Shipping is being dealing with a double-edged sword lately, as it is faced with stringer environmental measures around the world, while also having to cope with a slowdown in seaborne trade, which…
Ships’ recycling has taken a turn in favor of ship owners, as scarce tonnage has forced yards to compete for tonnage, leading to higher prices. In its latest weekly report, shipbroker Clarkson…
Shipping finance transactions are characterized by peculiar risk factors principally on account of the shipping asset’s transient operations. The applicable rules and mercantile usages – reflective of this reality themselves – must…
People may be forgiven for thinking that the last seven days was a slow news week, as the biggest headline grabber was the two-minute appearance of a fly on the head of…
Dry Bulk Market Could end 2020 on a High, but the Start of 2021 Should be Challenging. Known assumptions could be a wrong guide when it comes to assessing the dry bulk…
Americas Aframax freight ends week at all-time lows in the pandemic environment. Freight rates for key Americas-loading Aframax routes are at all-time lows after dipping as much as 10% week on week…