Markets

November 11, 2019

Gibson Weekly Tanker Market Report [W45]

One of the key developments in tanker supply this year has been a near absence of the demolition activity. (more…)

November 11, 2019

China is Likely to Cap Annual Coal Imports at 300 Million Tons

China will likely hold annual coal imports at between 200 million and 300 million tons, according to the president of a top industry body, suggesting...

November 7, 2019

Fearnleys Weekly Report [W45]

The VLCC market has been surprisingly slow this week, with only the odd cargo being drip-fed into the market - and all areas have been...

November 6, 2019

Saudi Oil Pricing Shows IMO 2020 Demand Lift for Light Crude

Saudi Arabia has priced its lighter crude at the widest premium to heavier oil in almost two years as new rules mandating cleaner shipping fuels...

November 6, 2019

Intermodal Weekly Market Report [W44]

With less than two months before the end of the year, the shipping and refining industries have already taken measures and invested to accommo-date the...

November 5, 2019

BHP weighing LNG power for iron ore ships

BHP, the biggest listed miner, aims to decide early next year who has won a tender for LNG-fueled transport to ship up to 27 million...

November 4, 2019

Saudi Aramco kick-starts what could be world’s biggest IPO, offers scant details

Saudi Arabia’s giant state oil company finally kick-started its initial public offering (IPO) on Sunday, announcing its intention to float on the domestic bourse in...

November 1, 2019

Rio Tinto Says Iron Ore Shipments to Rise in 2020 and Beyond

Iron ore shipments from Rio Tinto Group could rise as much as 5% in 2020 as the producer recovers from operational issues in Australia this...

October 31, 2019

Record Iron Ore Cargoes Forecast From Mammoth Australia Port

Iron ore exports from Australia’s Port Hedland, the largest bulk-export terminal, are expected to hit a record as producers in the nation’s mining heartland raise...

October 31, 2019

Fearnleys Weekly Report [W44]

Despite things appear a bit quiet, the volumes continue at regular levels for the major VLCC routes. (more…)

October 30, 2019

Unipec resumes bookings of COSCO-owned tankers – sources

Chinese oil trader Unipec has restarted using tankers owned by state-owned shipping group COSCO after the United States eased sanctions temporarily on the Chinese state-owned...

October 30, 2019

Intermodal Weekly Market Report [W43]

During the past few weeks we have witnessed the shipping industry focusing primarily on the wet sector, which is absolutely normal as after many years...