Oil Surges After Attacks on Tankers in Gulf of Oman
Oil prices jumped more than 4% on Thursday after a suspected attack on two tankers in the Gulf of Oman near Iran and the Strait of Hormuz, through which a fifth of global oil consumption passes.
BIMCO Shipping Market Analysis - Tankers: While we wait for 2020 to kick in, it’s all about politics
Iran, Libya and Venezuela face export limitations because of sanctions and internal political troubles. At the same time, US exports of crude oil are growing fast because of pricing and politics.
BIMCO Shipping Market Analysis - Containers: The many pitfalls in the coming months will decide the fate of the year
As weak demand growth is forecasted for the coming quarters, the container shipping industry is set to return to negative margins.
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