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Tankers: UAE Crude Oil Exports on the Rise

Crude oil exports so far in 2024, have returned to positive, after a drop in 2023. In its latest weekly report, shipbroker Banchero Costa...

Three simple but effective ways to prevent vessel downtime

Did you know that there are some simple ways to avoid the pain of unscheduled downtime? No cruise or ferry company wants angry passengers...

Shipbuilders Reopen or Expand to Meet Growing Demand

More and more shipyards are coming back online, or are expanding their existing facilities, in order to cope with growing demand for new ships....

Crude Oil Exports from Türkiye Down This Year

Crude oil exports from Türkiye have maintained their downward trend during the first five months of 2024, established since the start of 2023. In...

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,...

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