Why a Red Sea return will make waves Container lines deciding to navigate back to the Red Sea is arguably the most important development to watch for in the global shipping market next year. And it’s not a matter of ‘if’, but ‘when’. And should one big company decide it’s worth the risk, others will …
A Red Sea return would be a game changer for container shipping in 2026 Read More »
To say that 2025 was quite an eventful for the tanker markets, would be an understatement. In its latest weekly report, shipbroker Gibson said that “it has been another year for the books in the tanker markets, with almost too many events to recap. We covered the first half of the year in our earlier …
Tanker Market: A Year in Review Read More »
LNG shipping rates in full-year 2025 were at their historic lows, with those for TFDE carriers down 48% YoY and those for XDF/MEGI down 35% YoY, despite the picture changing unexpectedly, which saw rates surging over $100,000pd in October and November due to the advent of winter. The year started on a weak note: US–China …
LNG shipping in 2025: The year was quiet until ‘Winter’ arrived Read More »
Capesize The market delivered a mixed but generally constructive week, characterised by strong early momentum, a midweek pause, and a steadier close. Overall sentiment remained cautiously positive, underpinned by firm demand across key basins, though resistance at higher levels became more apparent as the week progressed. The Pacific was consistently supported by regular miner activity, …
Dry Bulk Market: Capesize Market Had a Mixed Week Read More »
West African crude oil exports reversed a negative multiyear trend this year. In its latest weekly report, shipbroker Banchero Costa said that “after a modest upturn in 2024, when global crude oil loadings increased by +0.8% y-o-y, trade started very slowly in 1H 2025 but seriously picked up pace in recent months. In Jan-Nov 2025, …
Tankers: 2025 Marks a Rebound of West African Crude Oil Exports Read More »
The International Flag-State Association (IFA), an association of the world’s three largest registries, Liberia, the Republic of the Marshall Islands, and the Republic of Panama, has been meeting since 2021. IFA is the first alliance of its kind and was designed to allow its members to have a platform to more formally engage with respect …
The global trading system is poised for a significant slowdown, with UNCTAD projecting global economic growth to ease to 2.6% through 2026, a deceleration from the pace set earlier this year. While international trade is set to reach a record-breaking $35 trillion in 2025 – growth of 7% year-on-year and largely driven by a strong …
Global trade shifts gears Read More »
The global tanker fleet is ageing, with almost one third of it already over 16 years old. In its latest weekly report, shipbroker Xclusiv said that “the tanker market closes 2025 with a degree of structural tightness that cannot be captured simply by looking at headline fleet numbers. The global tanker fleet above 10,000 dwt …
Global Tanker Fleet Ageing Fast Read More »
“Assuming a significant increase in recycling of older ships and a reduction in average sailing speeds, we forecast that average market conditions in 2026 will be like those in 2025 but 2027 could see slightly weaker market conditions. We forecast ship demand growth of 2.5%-3.5% in both 2026 and 2027 while supply is estimated to …
Return to Suez Canal routings looms large over market outlook Read More »
As discussed in previous articles and reports, one of the defining drivers of the LR2 market in H2 2025 has been the transition from clean to dirty trading. Recent data show that this trend remains firmly in place as more than 50 additional LR2s are currently employed in the dirty trade compared to the start …
LR2s in the dirty market: how long will the shift last? Read More »
