Dry bulk market trending higher again

Dry bulk market trending higher again
The Capesize market continued to climb towards the highs seen earlier this month before losing some momentum on the final day of the week. Nevertheless, the timecharter average edged up $142 week-on-week to close at $52,457. In the Atlantic, both trans- Atlantic and...
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China accounting for 19% of global crude oil trade

China accounting for 19% of global crude oil trade
The Chinese market remains the largest one in terms of seaborne crude oil imports, after the first eight months of 2026. In its latest weekly report, shipbroker Banchero Costa said that “after a marginal decline in 2024, when global crude oil loadings decreased by...
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How ethanol is expanding shipping’s fuel choices

How ethanol is expanding shipping’s fuel choices
Ethanol is beginning to gain momentum as a viable option for reducing greenhouse gas emissions in shipping. A growing number of projects and technical developments are helping to move the fuel from regional discussions to global considerations. For years, ethanol sat...
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Product tanker rates on the rise

Product tanker rates on the rise
The product tanker market is also experiencing a strong upwards trend, following the latest developments. In its latest weekly report, shipbroker Gibson said that “the global CPP market remains firmly supported this week, with the same forces driving the crude complex...
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