Oil markets remain influenced by OPEC+ policy and ongoing conflicts. Despite forecasts of oversupply, prices have held steady. For tankers, this translates into healthy activity, with longer voyages and firm chartering interest expected to support earnings into the winter season.

Strong Asian LPG demand as ammonia gains traction
Middle East instability and Red Sea disruptions continue to affect trade flows, underscoring the value of diversified supply chains. Asian demand for LPG remains firm, while orderbook momentum reflects growing confidence in ammonia’s long-term role as a zero-carbon fuel.

Stable car carrier market amid tariff uncertainty
U.S. tariffs on imported cars remain a key geopolitical factor, redirecting some trade flows. Chinese exports to Latin America and Europe have partially offset trans-Atlantic weakness, and time charter rates remain well above historical averages. New data from The European Automobile Manufacturer’s Association (ACEA) shows that year-on-year EU car registrations for July increased by 7.4%.  Hybrid-electric car registrations continue to surge, capturing 34.7% of the market, remaining the preferred choice among EU consumers. As electric vehicles continue to increase in popularity, Chinese EV exports will increase supporting strong vessel utilization.