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VLCC rates have surged across the board this week. The escalating Middle East war has restricted Strait of Hormuz transits, which fell Source: Affinity Research LLP
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
For many years, World Container Index (WCI) has been the go-to, independent, global reference for index-linked contracts.
The Kamsarmax “Bora” 81/2014 Sainty, China (SS 01/2029, DD 04/2027) was committed to undisclosed interests at Source: Advanced Shipping & Trading S.A.
The VLCC markets reached unprecedented levels this week, with TD3C surging above $1.2mn/day, TD34 climbing over $750,000/day Source: GIBSON SHIPBROKERS LTD
More concrete timelines are making ammonia bunkering look less like a pipe dream. But recent leaks underscore the safety concerns as plans move closer to reality.
Last week the risk spread west. This week the two chokepoints stopped taking turns. Saudi Arabia and the Houthisexchanged fresh strikes as fighting around Yemen’s Red Sea coast continued, while Iran’s…
The Indian recycling market remains firm, with overall buying sentiment continuing to be positive. Source: Best Oasis Limited