Gas market update: LPG rates climb
Limited availability driving rates this January – further rises expected Denmark, Copenhagen – 22 December 2024. LPG freight rates surged this week, driven by increased activity in both the East and West. RT/C rates rose 21% week-on-week to USD 37,800/day, marking a nine-week high. According to Clarksons, the market is tightening due to limited vessel […]
Tankers: Stricter sanctions on Russian oil expected
Doubts remain over duration and efficiency of forthcoming U.S. sanctions Denmark, Copenhagen – 22 December 2024. The U.S. is preparing harsher sanctions on Russia’s oil trade, according to Bloomberg. The aim is to pressure the Kremlin economically. Details are expected soon, including potential measures against shipping fleets. Questions remain, however, about the effectiveness of such […]
Optimism despite a softer tanker market
Higher rates expected – driven by limited tonnage before Christmas Denmark, Copenhagen – 22 December 2024. The Aframax market had a mixed performance this week. In the UKC, rates saw a slight increase as charterers focused on safer itineraries ahead of Christmas. Meanwhile, activity in the Mediterranean/Black Sea region helped stabilize the market. With the […]
EMF preparing for future growth
The specialized fund manager European Maritime Finance (EMF) is poised for further growth after successfully bridging the gap between shipowners and investors in recent years. The EMF projects have consistently delivered strong returns by capitalizing on the cyclical nature of the maritime industry. EMF is among several fund managers selected by the Danish Financial Supervisory […]
