BIMCO: US crude oil production takes 1.1m bpd hit due to snowstorm
The snowstorm that hit Texas in the middle of February caused a 1.1 million barrels per day (bpd) drop in...
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Latest News
March 5, 2021
March 5, 2021
Lack of Tonnage Prevalent in the Demolition Market
A lack of tonnage is becoming evident in the ship recycling market, as the firming up of the freight market...
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March 5, 2021
COVID 19: 2020 global shipping CO2 emissions down 1%
Global shipping CO2 emissions decreased 1% last year as the Coronavirus pandemic curtailed 2020 shipping activity, according to maritime data...
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March 5, 2021
S&P Frenzy supercharged by Handy / Supramax rates environment
Amidst the rapidly improving sentiment for the whole dry bulk shipping market, February witnessed multi-year record breaking performance for the...
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March 5, 2021
Freight Market Vs Commodities Rally: A Match Made In Heaven?
Shipping shouldn’t get too carried away by the bullish sentiment which is prevalent in the commodities markets these days, amid...
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March 5, 2021
Greek Shipping and economy 2020: The Strategic And Economic Role Of Greek Shipping
Global Shipping Outlook The pace of global economic activity remained weak throughout 2019, with declining momentum in manufacturing activity and...
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March 22, 2020
Global oil demand could shrink over 3 mil b/d in 2020 due to virus: S&P Global
Global oil demand could collapse by over 3 million b/d this year due to growing social and economic lockdown measures...
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March 22, 2020
Coronavirus could deliver 17 million-TEU blow to container shipping
The world is in the third phase of a global supply chain crisis, according to SeaIntelligence Consulting. The impact on...
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March 22, 2020
Shipowners eye long term marine fuel contracts on price plunge, some cautious
The recent plunge in shipping fuel prices is prompting some shipowners to eye long term supply contracts on a fixed...
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March 22, 2020
The Cruise Industry’s War Against COVID-19
By Salvatore R. Mercogliano, Ph.D. – On Friday, March 13, 2020, the Cruise Lines International Association (CLIA) announced that their ocean-going cruise...
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