News
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Dry Bulk Market: Asia’s Coal Imports Offering Support
The dry bulk market is benefiting from the increase of seaborne coal trade in Asia, with China increasing its imports…
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Tankers at the Top and Offshore on the Up
Competition continues to decrease financing margins for shipowners Banks and Debt Funds are cooling their appetites on Dry and Tanker…
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Xeneta: Long-term ocean freight rates plunge by more than 60% in year of decline, but changing fortunes appear imminent
Long-term ocean freight rates slid once again in August, marking the 12th consecutive month of declines for beleaguered carriers. According…
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First-of-a-kind ammonia-powered gas carriers could be commercially viable from 2026, new study finds
A new analysis from the Global Maritime Forum has found that the cost gap between operating ships on zero-emission ammonia…
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High Newbuilding Prices Not a Deterrent Factor for Shipowners
High prices and low rates haven’t been able to deter owners from booking more newbuilding orders. In its latest weekly…
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Three countries began importing liquefied natural gas this year, and more will follow
Global liquefied natural gas (LNG) import capacity is set to expand by 16%, or 23 billion cubic feet per day…
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Europe & Africa Fuel Availability Outlook 30 Aug 2023
Northwest Europe HSFO availability in Rotterdam and in the wider ARA hub has improved, sources say. However, securing the grade…
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Complications Still Hampering the Indian sub-continent Ship Recycling Markets
The ship recycling market is still facing complications. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “as…
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