The shadow fleet in focus
Why it matters, and what comes next The shadow fleet – tankers transporting oil from sanctioned nations like Russia, Iran, and Venezuela – has become a central factor in the tanker market. These vessels, often operating with limited oversight and no standard vetting, now make up an estimated 23% of the global fleet. Most are […]
IMO hits carbon-intensive vessels with fees
Daily carbon costs set to rise sharply over a decade The IMO has introduced new regulations aimed at achieving net-zero emissions for global shipping. These rules will have a direct financial impact on older, less efficient vessels that are more carbon-intensive. Under the new agreement, by 2028, all ships over 5,000 GT – including those […]
PCTC market finding strong, stable plateau
Stronger fundamentals supports outlook After declining from record highs seen in 2023 and early 2024, PCTC spot rates appear to have stabilized around the USD 50,000/day level. While down from peak levels, this still represents highly profitable territory for owners. The rate stabilization, combined with improving trade dynamics, suggests growing market confidence and healthier fundamentals […]
Momentum in LPG market – new ammonia landmarks
May saw rise in VLGC rates after April plunge The LPG market strengthened through May, with VLGC spot rates climbing steadily. The benchmark Ras Tanura–Chiba route reached USD 52,600/day – up 25% from the 2024 average – while MEG–Asia earnings rose 24% week-on-week mid-month. This marks a strong rebound from April’s brief dip below USD […]
Mixed start, strong finish to May
Market overcame volatile early trends this month The tanker market saw mixed trends in early May, with both upward and downward pressure at times. Crude rates initially fluctuated before regaining momentum mid-month, supported by increased fixing activity. By late May, average VLCC and Suezmax earnings had firmed, and the product tanker segment saw notable strength, […]
Trafigura med banebrydende ordre på ammoniakskibe
Handelsgigant bestiller fire gastankskibe i satsning på grønt maritimt brændstof Den store, globale handelsaktør Trafigura har afgivet en ordre på fire gastankskibe med dual fuel-motorer og mulighed for ammoniakdrift, hvilket er et tydeligt tegn på voksende momentum for ammoniakken som fremtidens skibsbrændstof. Skibene skal bygges af HD Hyundai Mipo med levering fra 2028. Centrale aktører […]
Tankmarkedets optimisme vokser støt
Brancheeksperter imødeser fremgang med større oliemængder på markedet De positive udsigter for tankmarkedet bliver i stigende grad italesat af førende brancheeksperter. Stigende mængder olie på vej til markedet og et knebent udbud af fartøjer – som resultat af sanktioner og en aldrende flåde – er faktorer, der tyder på et potentiale for fremgang. Disse emner […]
Tankmarkedet fortsat stærkt – markant fremgang for produkttankere
Fremgang for flere sektorer, mens andre oplever stilstand Tankskibsmarkedet oplevede en blandet udvikling i den seneste uge. På råolieområdet medførte lav aktivitet et lille fald i raterne: Den gennemsnitlige indtjening endte på omkring USD 38.000 pr. dag. Da OPEC+ formentlig snart sætter produktionen i vejret, forventes det øgede udbud af råolie dog at få en […]
