Russian LNG to Europe: Is it Game Over?

Wed, 17 Apr 2024 21:00:59 +0000 Russian LNG keeps flowing into the EU, albeit at a much lower level. In its latest weekly report, shipbroker Xclusiv said that “over two years since the Russian invasion of Ukraine, the EU continues its efforts to weaken Russia...

Newbuilding Activity Picks Up

Thu, 11 Apr 2024 21:00:59 +0000 Newbuilding orders have picked up last week, while S&P activity also remained brisk, on the back of increased demand for dry bulkers. In its latest weekly report, shipbroker Banchero Costa said that “Singapore based Pioneer Bulk,...

COVID pandemic wiped 24.6 million TEU off container market growth

Wed, 17 Apr 2024 21:00:58 +0000 Due to the COVID-19 pandemic, the global container market grew only 1.5% from 171.0 million TEU in 2019 to 173.5 million TEU in 2023. Without the pandemic, that figure would have been 24.6 million higher, landing at 198.1 million in...

Dry Bulk Iron Ore Flows to the Far East

Thu, 11 Apr 2024 21:00:58 +0000 The first quarter of the year ended with a downward revision to the growth in tonne-days for iron ore flows from Brazil to the Far East, while there was a change to an upward revision from Africa. In the second week of April, we...