Strong Southern Hemisphere harvests drive reefer shipping growth

Thu, 16 May 2024 21:00:58 +0000 After a tumultuous year in 2023, the reefer sector has started 2024 on a stronger footing as healthy crops in the Southern Hemisphere have helped to lift growth. This trend is set to continue across 2024 as a whole, with a return to...

Dirty Oil Flows to China

Fri, 10 May 2024 21:00:58 +0000 The flow of tonnes of dirty oil to China from global sources has seen a notable downturn, particularly impacting the Russian Federation, which has experienced a consistent decline since the first quarter of the year. As May began, signs...

Tankers: Are VLCCs Overpriced?

Sun, 12 May 2024 21:00:59 +0000 The price for a modern VLCC has been hovering near record levels over the past few months.In its latest weekly report, shipbroker Gibson said that “VLCC asset prices appear to be caught in a paradoxical market scenario. While...