Tanker Orders Leading Newbuilding Activity With Prices Expected to Remain High Throughout 2027
Tanker ordering activity has been leading the latest surge of contracting, despite high prices, Banchero Costa said in a new research report…
Ramble On: Who Pays the Freight?
In September we borrowed a Led Zeppelin title to describe China's crude stockpile, a levee holding backthe import shortfall created by the c…
Suezmax Tanker sales surge 35% amid high VLCC demand
A strong VLCC market this year is boosting Suezmax Tanker demand. Suezmax sales activity has picked up considerably in recent months, with s…
China charts course for green corridors
China is emerging as an influential player in the global green shipping corridor movement, leveraging its dominance in green fuel production…
Baltic Dry Index Up for 3rd Day
The Baltic Exchange's dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, advanced for a third session on Fr…
Buyers Raise The Stakes
Last week's recovery in dry freight offered recycling buyers little encouragement. This week, however, sentiment has improved across the sub…
The Week in Alt Fuels: The grid is the limit
A 41 MWh battery ferry entered service and a 151 MWh container ship design won approval this week, but the harder part is getting enough pow…
Saudi Arabia tanker oil loadings rise to highest level since February
Nine very large crude carriers collected oil cargoes at Saudi Arabia's Persian Gulf export facilities on Wednesday, marking the highest leve…