Seaborne coal flows in 2022

Fri, 25 Nov 2022 22:00:58 +0000 This year is crucial for the energy mix in European countries, as the EU has imposed new sanctions on Russia. It is important to emphasize that the EU sanctions against Russia do not affect the agricultural and food sectors. On November...

Global Iron Ore Loading Down This Year

Fri, 02 Dec 2022 22:00:59 +0000 The global iron ore seaborne trade has been on the decline so far this year. In its latest weekly report, shipbroker Banchero Costa said that “so far in 2022, iron ore trade softened again, primarily due to weaker demand from China and...

Older Tankers in High Demand

Sun, 27 Nov 2022 22:00:59 +0000 Demand for tankers aged from 15-years and older have been in high demand in the secondhand market. In its latest weekly report, shipbroker Gibson (https://www.gibsons.co.uk/) said that “this year, 15-year-old crude tanker values have...

MR values hit 14 year high

Fri, 02 Dec 2022 22:00:58 +0000 MR values have hit the highest levels since Oct 2008. The current value for a five year old MR is up by c.45% from the start of the year, from USD 30.32 mil to USD 44.01 mil. Sales for this sector have increased by c.15% from last year...