Drewry Benchmarking Club data now available on Cargoo's ocean freight management platform for Club members
Shipping in New Crossroads After the US Mid-Term Election
The shipping market is facing renewed uncertainty after the latest developments in the US and the mid term elections' results. In its latest…
Russian crude exports fall on G7 tankers as Greek operators flee for better earnings
Russian crude exports on G7 tankers fell sharply in October as Greek operators were enticed by strong earnings elsewhere and steered away fr…
Atlantic Tanker Earnings Fall Faster Than Gulf Earnings
The TD3C/TD22 earnings ratio rose from 2.73 on 30 October to 3.10 on 6 November, as US Gulf–China VLCC earnings fell 16.2% to around $415,00…
Baltic Dry Index Up for 5th Day
The Baltic Exchange's dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, advanced for a fifth straight sess…
COP31: Broad maritime coalition launches breakthrough 20% electrification goal by 2035
This decade is critical for decarbonizing the maritime sector. Integrated energy planning, accelerated action and ambitious policy implement…
Carriers may secure only part of their November rate increases as Suez returns, Sogese report says
Freight rates to Europe have rebounded since early October after falling steadily from their July peak, but the conditions behind the reboun…
Marine biodiesel demand to more than double by 2031 without IMO framework – IEA
Global marine biodiesel demand will rise from just under 1 billion litres/year (around 890,000 mt/year) in 2025 to nearly 2 billion litres/y…
Korea shipbuilders face LNG carrier price squeeze as North America orders seen next year
Some in the shipbuilding industry are voicing worries that the liquefied natural gas (LNG) carrier market has peaked and is set to cool. Fre…