Opinion

October 22, 2021

Drewry: Maritime Financial Insight

In 3Q21 and early October, container shipping stocks saw a sell-off triggered by the risk of worsening container ship demand largely due to power shortages...

October 15, 2021

BIMCO: US soya bean inspections nearly double w-o-w

After a slow start to the US soya bean export season, partly due to disruption from Hurricane Ida, US soya bean inspections ahead of exports...

September 30, 2021

Iron ore spot freight rates spike 163% to lift capesize earnings

As the average length of the journey increases, partly due to port congestions in China, soaking up capacity and pushing up spot rates, shipowners will...

September 24, 2021

Record volumes push US container ports up in global rankings: Alphaliner

The busiest US container ports are moving up the global rankings amid record import volumes, but the deluge of cargoes continues to exceed capacity with...

September 24, 2021

Strong domestic demand sees US oil product imports growing

Recovering demand for US oil products has caused a 25.9% rise in US seaborne imports of oil products in the first seven months of 2021...

September 22, 2021

Clarksons Research: Offshore Review & Outlook

The Clarksons Research semi-annual review and outlook of the offshore and energy markets, Offshore Review and Outlook, has been released. (more…)

September 17, 2021

BIMCO: Chinese coal imports from Australia drop 98.6% as restrictions bite

In the first seven months of the year Chinese coal imports from Australia have totalled just 780,000 tonnes as Chinese restrictions on Australian coal have...

Malta-flagged Iranian crude oil supertanker "Delvar" is seen anchored off Singapore in this March 1, 2012 file photo. The United States expects countries that buy oil from Iran to further reduce their purchases if they want to avoid U.S. sanctions, a State Department source said on December 5, 2012. REUTERS/Tim Chong (SINGAPORE - Tags: BUSINESS POLITICS ENERGY MARITIME)

September 13, 2021

S. Korean refiners slash Middle East crudes to chase margins, low-carbon feed

The share of Middle Eastern crude in South Korea’s 2021 refinery feedstock import basket could fall to the lowest level in more than three decades,...

September 9, 2021

Dry bulk: profits surge to multi-year highs as pandemic related demand & disruptions linger

Heading into the seasonally strongest part of the year, dry bulk owners have already enjoyed a very profitable year with the temporary factors helping the...

August 26, 2021

Drewry: Port Throughput Down 2.2% During June

The Drewry Container Port Throughput Indices are a series of volume growth/decline indices based on monthly throughput data for a sample of over 235 ports...

August 20, 2021

BIMCO – Chinese iron ore imports fall to 14-month low in July

Chines iron ore imports fell to 88.5 million tonnes in July, the lowest level since May 2020. (more…)

August 16, 2021

BIMCO: Are we looking at the next dry bulk super cycle? Is it even a cycle?

Throughout the first half of the year, talk of a new dry bulk super cycle has been on many lips as commodity prices have soared...

August 6, 2021

Container equipment prices have peaked and are expected to moderate

Prices of dry freight shipping containers have doubled over the past year to reach historic highs but will moderate over the next few years, according...

July 5, 2021

Secondhand container ship deals jump over 100% in H1 2021

During the first half of 2021, a total 277 container ships have changed hands, a 103.7% jump from 136 ships bought and sold in the...

June 24, 2021

China processes all-time high 60.5m tonnes of crude oil in May

Chinese refinery crude oil throughput has reached its highest level ever, with total processed volumes up 12.0% in the first five months of this year...