Opinion

Opinion

Dry_Cargo

May 26, 2020

The outlook is poor for dry bulk, as the negative demand shock and overcapacity come together to send rates to multi-year lows, even a return...
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containers

May 26, 2020

The Covid-19 crisis has – and will continue to – hit the container shipping market hard, and the current economic situation provides no hope for...
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tanker

May 25, 2020

Geopolitical tensions have now eased, leaving freight rates to feel the full effects of the weak underlying market and falling demand. Tanker shipping looks set...
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China

May 21, 2020

Throughout April, container shipping spot freight rates on the back-haul trade from North Europe to China were higher than those on the front-haul trade from...
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BIMCO_

May 11, 2020

The sulphur regulation from the International Maritime Organization (IMO) that came into force on 1 January 2020 took the centre stage in the shipping industry...
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VLOC

May 4, 2020

Converted Very Large Ore Carriers (VLOC) are increasingly becoming a thing of the past with the long-term freight contracts coming to an end as newer...
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OIL

April 28, 2020

The magnitude of how damaged the energy industry is came into full view on April 20 when the benchmark price of U.S. oil futures CLc1,...
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Containership

April 28, 2020

The outbreak of the coronavirus has disrupted container supply chains around the world and depressed the demand for vessels and boxes. It will lead to...
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A flag with the Organization of the Petroleum Exporting Countries (OPEC) logo is seen before a news conference at OPEC's headquarters in Vienna, Austria December 10, 2016. REUTERS/Heinz-Peter Bader

April 22, 2020

Members of OPEC and allies (OPEC+), agreed to a historic production cut of 9.7 million barrels of crude oil per day (m/bpd) to reduce the...
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OPEC-OPEK

April 17, 2020

Crude oil prices collapsed in March 2020, recording their deepest monthly drop since the global financial crisis in 2008. The ramifications of the COVID-19 pandemic...
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crude oil export korea

April 3, 2020

Geopolitics is the dominating variable in the tanker market these days. With the OPEC+ negotiations falling apart and Saudi Arabia initiating an oil price war,...
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drewry

April 2, 2020

The world is a very different place to when the last edition of Drewry’s Container Forecaster report was published in December. The only certainty is...
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lng

March 31, 2020

Development of mega LNG liquefaction projects continues to suffer in a coronavirus (COVID-19)-impacted market with low demand, historically low LNG prices and an oil price...
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containers

March 27, 2020

The global economy’s most abrupt and consequential shock in at least a generation is unfolding at ports and other hubs of international commerce as the...
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2020-bulkers

March 23, 2020

With the coronavirus pandemic worsening globally, the enforcement of further restrictions across key ports from this week was seen having a detrimental impact on the...
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