Trafigura tied to string of three-year deals as trader locks in crude tanker tonnage
Trader scoops up three VLCCs and a suezmax as shipowners hope for stronger rates next year. Read more in TradeWinds
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Trader scoops up three VLCCs and a suezmax as shipowners hope for stronger rates next year. Read more in TradeWinds
Decarbonisation programmes set by the International Maritime Organization (IMO), shipping’s regulatory body, will be one of the most difficult tasks for the industry in the coming years. This starts with the implementation of the EEXI, and CII criteria, all of which aim to reduce carbon intensity and will impact prices of the existing fleet. The … Continue reading How EEXI and CII will impact the S&P market →
While a weaker note may be expected in the near term, given sliding rates during the past few weeks, optimism abounds for a quick recovery. Read more in Lloyd’s List
More tankers are forecast to be sent to the breakers in the coming months, with some segments expecting to see negative fleet growth. Read more in TradeWinds
Capital expenditure in oil and gas and offshore wind projects will rise significantly in the next five years… Read more in Riviera
Like other analysts, MSI expects a very strong shift from small offshore wind turbines to larger units in the coming decade, with turbines expected to reach a capacity of 20 MW or more. Read more in Riviera
Danish giant fights off competition to snare neo-panamax containership in ‘one-off’ deal. Read more in TradeWinds